Syncona (LON:SYNC) Trading Down 2.1% – What’s Next?

Syncona (LON:SYNC)’s stock price dropped 2.1% during mid-day trading on Thursday . The company traded as low as GBX 103.20 ($1.28) and last traded at GBX 103.40 ($1.28). Approximately 390,126 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 765,575 shares. The stock had previously closed at GBX 105.60 ($1.31).

Syncona Stock Performance

The company has a debt-to-equity ratio of 64.05, a current ratio of 1.00 and a quick ratio of 0.53. The company has a 50 day simple moving average of GBX 104.64 and a 200-day simple moving average of GBX 111.92. The stock has a market capitalization of £659.62 million, a P/E ratio of 10,340.00 and a beta of 0.26.

About Syncona

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.