Syros Pharmaceuticals (NASDAQ:SYRS) Shares Pass Above 50-Day Moving Average – Time to Sell?

Syros Pharmaceuticals, Inc. (NASDAQ:SYRSGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $0.0004. Syros Pharmaceuticals shares last traded at $0.0004, with a volume of 4,364 shares.

Syros Pharmaceuticals Price Performance

The company has a market cap of $10,732.80, a P/E ratio of -0.00 and a beta of 1.31.

Syros Pharmaceuticals Company Profile

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Syros Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company headquartered in Cambridge, Massachusetts, that is pioneering a new class of targeted therapeutics by focusing on the control of gene expression. Founded in 2015 as a spin-out from the Broad Institute, Syros leverages its proprietary gene control platform to identify and drug key noncoding regions of the genome that regulate disease-driving genes. The company’s approach aims to convert previously undruggable gene targets into precise medicines for patients with cancer and rare genetic disorders.

Syros’ lead development candidate, tamibarotene (SY-1425), is an oral, selective RARα agonist being evaluated in acute myeloid leukemia (AML) and high-risk myelodysplastic syndromes (MDS) characterized by RARA dependence.

Further Reading

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