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Syncona (LON:SYNC) Stock Price Down 4.8% - Here's Why

Syncona logo with Financial Services background

Syncona (LON:SYNC - Get Free Report)'s share price was down 4.8% on Friday . The stock traded as low as GBX 80 ($1.08) and last traded at GBX 80 ($1.08). Approximately 890,718 shares traded hands during trading, an increase of 11% from the average daily volume of 803,299 shares. The stock had previously closed at GBX 84 ($1.14).

Syncona Stock Performance

The business's 50-day moving average price is GBX 87.17 and its 200-day moving average price is GBX 93.47. The stock has a market cap of £496.08 million, a P/E ratio of -29.39 and a beta of 0.26.

About Syncona

(Get Free Report)

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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