Syncona (LON:SYNC) Shares Pass Below Fifty Day Moving Average – Here’s What Happened

Syncona (LON:SYNCGet Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 90.17 ($1.20) and traded as low as GBX 86.90 ($1.15). Syncona shares last traded at GBX 87.70 ($1.16), with a volume of 326,239 shares changing hands.

Syncona Stock Down 1.3 %

The firm’s 50 day moving average is GBX 90.17 and its two-hundred day moving average is GBX 98.57. The stock has a market cap of £545.87 million, a price-to-earnings ratio of -32.34 and a beta of 0.26.

About Syncona

(Get Free Report)

Syncona’s purpose is to invest to extend and enhance human life. We do this by creating, building and scaling companies to deliver transformational treatments to patients in areas of high unmet need. We aim to build and maintain a diversified portfolio of 20-25 globally leading life science businesses, across development stage, modality and therapeutic area, for the benefit of all our stakeholders.

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