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Scancell (LON:SCLP) Shares Up 29.8% - Time to Buy?

Scancell logo with Medical background

Shares of Scancell Holdings plc (LON:SCLP - Get Free Report) were up 29.8% during mid-day trading on Monday . The company traded as high as GBX 11.38 ($0.15) and last traded at GBX 11 ($0.15). Approximately 10,537,342 shares changed 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 Trading Up 5.5 %

The stock has a fifty day simple moving average of GBX 8.58 and a 200 day simple moving average of GBX 10.79. The company has a quick ratio of 13.01, a current ratio of 3.42 and a debt-to-equity ratio of -566.79. The firm has a market capitalization of £109.27 million, a P/E ratio of -16.18 and a beta of 0.35.

Scancell (LON:SCLP - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The company reported GBX (1.35) (($0.02)) EPS for the quarter. As a group, research analysts forecast that Scancell Holdings plc will post -2.5361112 EPS for the current year.

Scancell Company Profile

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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.

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