Scancell (LON:SCLP) Shares Up 29.8% – Here’s Why

Scancell Holdings plc (LON:SCLP)’s stock price rose 29.8% during trading on Monday . The stock traded as high as GBX 11.38 ($0.15) and last traded at GBX 11 ($0.14). Approximately 10,537,342 shares traded hands during mid-day trading, an increase of 1,073% from the average daily volume of 897,982 shares. The stock had previously closed at GBX 8.48 ($0.11).

Scancell Price Performance

The stock has a market capitalization of £113.93 million, a PE ratio of -16.86 and a beta of 0.35. The business’s 50-day moving average price is GBX 8.43 and its 200 day moving average price is GBX 10.88. The company has a debt-to-equity ratio of -566.79, a quick ratio of 13.01 and a current ratio of 3.42.

Scancell (LON:SCLP) last posted its earnings results on Thursday, January 30th. The company reported GBX (1.35) (($0.02)) EPS for the quarter. Research analysts forecast that Scancell Holdings plc will post -2.5361112 earnings per share for the current year.

Scancell Company Profile

Scancell (LSE:SCLP) is a clinical stage immunotherapy biotech company developing treatments for significant unmet needs in cancer. We aim to translate our innovation and creativity into increased and durable responses in patients without compromising safety, addressing hard-to-treat cancers.

Scancell has developed a pipeline of ‘off-the-shelf’ vaccines to induce immune responses and highly tumour specific monoclonal antibodies to redirect immune cells or drugs.