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Synairgen (LON:SNG) Share Price Passes Below Two Hundred Day Moving Average of $22.44

Defense World ·  Dec 24, 2022 03:01

Synairgen plc (LON:SNG – Get Rating)'s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 22.44 ($0.27) and traded as low as GBX 11 ($0.13). Synairgen shares last traded at GBX 12.50 ($0.15), with a volume of 990,485 shares.

Synairgen Stock Down 13.8 %

The business's fifty day simple moving average is GBX 18.24 and its 200 day simple moving average is GBX 22.44. The stock has a market cap of £25.17 million and a price-to-earnings ratio of -0.51. The company has a current ratio of 6.35, a quick ratio of 6.35 and a debt-to-equity ratio of 0.09.

Synairgen Company Profile

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Synairgen plc discovers and develops drugs for respiratory diseases. It develops SNG001, an inhaled interferon beta for the treatment of COVID-19; inhaled interferon beta (IFN-ß), which is in Phase-II clinical trials for the treatment of asthma caused by the common cold and flu; IFN-ß that is in Phase-II clinical trials for the treatment or prevention of chronic obstructive pulmonary disease; and LOXL2 inhibitor for the treatment of idiopathic pulmonary fibrosis (IPF) disease.

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