Syncona (LON:SYNC) Sets New 12-Month High – Should You Buy?

Syncona (LON:SYNCGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 102.60 and last traded at GBX 102.20, with a volume of 131646 shares trading hands. The stock had previously closed at GBX 102.

Syncona Price Performance

The company’s 50 day simple moving average is GBX 94.91 and its 200 day simple moving average is GBX 95.30. The company has a market capitalization of £623.52 million, a PE ratio of -6.81 and a beta of 0.35.

Insider Activity

In related news, insider John Roche bought 16,063 shares of the company’s stock in a transaction that occurred on Friday, June 19th. The shares were purchased at an average cost of GBX 100 per share, with a total value of £16,063. Insiders own 0.75% of the company’s stock.

Syncona Company Profile

(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. We focus on developing treatments that deliver patient impact by working in close partnership with world-class academic founders and experienced management teams.

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