RUA Life Sciences (LON:RUA) Trading Up 2.7% – Time to Buy?

RUA Life Sciences plc (LON:RUA) was up 2.7% during mid-day trading on Tuesday . The stock traded as high as GBX 24 and last traded at GBX 24. 4,531 shares traded hands during trading, a decline of 98% from the average session volume of 233,580 shares. The stock had previously closed at GBX 23.36.

RUA Life Sciences Stock Up 2.7%

The stock has a market cap of £14.89 million, a P/E ratio of -2.61 and a beta of 0.95. The company has a current ratio of 4.64, a quick ratio of 7.32 and a debt-to-equity ratio of 18.95. The firm’s fifty day moving average is GBX 20.93 and its 200 day moving average is GBX 17.64.

RUA Life Sciences (LON:RUA) last released its quarterly earnings results on Tuesday, June 30th. The company reported GBX (0.33) earnings per share (EPS) 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.