Syncona (LON:SYNC) Trading Up 0.2% - Should You Buy?

Key Points

• Shares of Syncona (LON:SYNC) saw a slight increase of 0.2%, trading last at GBX 94.20 ($1.29) with 404,093 shares changing hands.
• The company's market capitalization is £572.60 million, and it has a P/E ratio of -419.04, indicating current financial challenges.
• Syncona focuses on investing to extend and enhance human life by developing companies aimed at providing transformative treatments in areas of high unmet medical needs.

Syncona (LON:SYNC - Get Free Report) traded up 0.2% during trading on Tuesday . The company traded as high as GBX 94.70 ($1.28) and last traded at GBX 94.20 ($1.28). 404,093 shares were traded during mid-day trading, a decline of 41% from the average session volume of 682,461 shares. The stock had previously closed at GBX 94 ($1.27).

Syncona Price Performance

The business has a 50 day moving average of GBX 95.61 and a 200 day moving average of GBX 91.17. The firm has a market capitalization of £577.47 million, a price-to-earnings ratio of -422.60 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.