Syncona (LON:SYNC) Stock Price Up 0.2% - Time to Buy?

Key Points

• Syncona's share price increased by 0.2%, trading at GBX 101.60 ($1.36), but with trading volume down by 59% compared to its average.
• The company has a market capitalization of £617.58 million and a PE ratio of -451.96, indicating it has not yet reported profits.
• Syncona focuses on investing in life sciences to enhance human life, aiming to establish a diversified portfolio of 20-25 leading companies in the sector.

Syncona (LON:SYNC - )'s share price rose 0.2% on Tuesday . The company traded as high as GBX 101.60 ($1.36) and last traded at GBX 101.60 ($1.36). Approximately 272,135 shares were traded during trading, a decline of 59% from the average daily volume of 671,213 shares. The stock had previously closed at GBX 101.40 ($1.36).

Syncona Trading Up 0.2%

The company has a market cap of £617.58 million, a PE ratio of -451.96 and a beta of 0.26. The business has a 50 day simple moving average of GBX 96.50 and a two-hundred day simple moving average of GBX 91.84.

Syncona Company Profile

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.

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