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Synairgen (LON:SNG) Stock Crosses Below Fifty Day Moving Average of $12.55

Defense World ·  Mar 21, 2023 04:24

Synairgen plc (LON:SNG – Get Rating)'s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 12.55 ($0.15) and traded as low as GBX 9 ($0.11). Synairgen shares last traded at GBX 9 ($0.11), with a volume of 897,679 shares changing hands.

Synairgen Stock Down 6.5 %

The company has a fifty day simple moving average of GBX 12.55 and a 200-day simple moving average of GBX 16.22. The company has a quick ratio of 6.35, a current ratio of 6.35 and a debt-to-equity ratio of 0.09. The firm has a market cap of £18.12 million, a P/E ratio of -69.23 and a beta of -2.20.

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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