RUA Life Sciences (LON:RUA) Shares Up 6.3% – What’s Next?

Shares of RUA Life Sciences plc (LON:RUA) were up 6.3% during trading on Friday. The company traded as high as GBX 31 and last traded at GBX 29.22. Approximately 348,834 shares were traded during trading, an increase of 61% from the average session volume of 216,106 shares. The stock had previously closed at GBX 27.50.

RUA Life Sciences Price Performance

The firm has a 50 day moving average price of GBX 26.28 and a 200 day moving average price of GBX 21.05. The stock has a market cap of £18.13 million, a P/E ratio of -2.61 and a beta of 0.99. The company has a quick ratio of 7.32, a current ratio of 4.64 and a debt-to-equity ratio of 18.95.

RUA Life Sciences (LON:RUA) last released its earnings results on Tuesday, June 30th. The company reported GBX (0.33) earnings per share for the quarter. RUA Life Sciences had a negative net margin of 3.26% and a negative return on equity of 2.03%.

RUA Life Sciences Company Profile

The RUA Life Sciences group was created in April 2020 when AorTech International plc acquired RUA Medical Devices Ltd to create a fully formed medical device business. RUA Life Sciences is the holding company of the group trading through four businesses all exploiting the group’s polymer technology. Our vision is to improve the lives of millions of patients by improving and enabling medical devices with Elast-EonTM, the worlds leading long term implantable polyurethane.