Silence Therapeutics (LON:SLN) Stock Passes Below 200-Day Moving Average of $0.00

Silence Therapeutics plc (LON:SLN)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as low as $82.50. Silence Therapeutics shares last traded at $84.00, with a volume of 151,122 shares trading hands.

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 60 ($0.78) price target on shares of Renewi in a research note on Wednesday, July 3rd.

The company has a market cap of $60.44 million and a P/E ratio of -3.20. The business’s 50 day moving average is GBX 62.58.

About Silence Therapeutics (LON:SLN)

Silence Therapeutics plc focuses on the discovery, development, and delivery of novel RNA therapeutics. The company designs short interfering RNA (siRNA) molecules that trigger the RNAi pathway and mediate the degradation of specific target messenger RNAs. It is developing various candidates for the treatment of cancer, iron overload disorders, cardiovascular disease, alcohol use disorder, and other metabolic diseases.

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