Syncona (LON:SYNC) Trading 0.7% Higher

Syncona Limited (LON:SYNCGet Rating)’s share price rose 0.7% on Thursday . The company traded as high as GBX 206 ($2.52) and last traded at GBX 204.50 ($2.50). Approximately 503,080 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 833,049 shares. The stock had previously closed at GBX 203 ($2.49).

The stock has a market capitalization of £1.36 billion and a P/E ratio of -6.33. The business’s 50 day simple moving average is GBX 183.58 and its two-hundred day simple moving average is GBX 186.55.

About Syncona (LON:SYNC)

Syncona Limited is a fund specializes in investments in hedge, equity and long-term alternative investment funds across multiple asset classes. It manages private equity, debt, fixed income and alternative investments. The fund prefers to invest in healthcare and life sciences sector with focus on Cell therapy, gene therapy, biologics and small molecules.

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