PureCircle Limited (PURE) Reaches New 52-Week High at $488.50

PureCircle Limited (LON:PURE)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 488.50 ($6.31) and last traded at GBX 475 ($6.13), with a volume of 247,935 shares changing hands. The stock had previously closed at GBX 484.25 ($6.25).

Several equities analysts have recently issued reports on PURE shares. Liberum Capital reiterated a “buy” rating and issued a GBX 500 ($6.46) price target on shares of PureCircle Limited in a research note on Monday, September 4th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 370 ($4.78) price target on shares of PureCircle Limited in a research note on Thursday, May 18th.

The stock’s 50-day moving average is GBX 397.65 and its 200 day moving average is GBX 345.25. The firm’s market cap is GBX 824.83 million.

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PureCircle Limited Company Profile

PureCircle Limited is a producer of stevia ingredients for the global food and beverage industry. The Company focuses on encouraging healthier diets around the world through the supply of natural ingredients to the global food and beverage industry. The Company has over 40 stevia-related patents. The Company’s Zeta Family ingredients consists of the sugar, such as steviol glycosides, including Reb M and Reb D, and allow for the deepest calorie reductions by food and beverage companies.

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