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Synairgen (LON:SNG) Stock Crosses Below 200 Day Moving Average of $14.55

Financial News Live ·  Apr 22, 2023 11:34

Synairgen plc (LON:SNG – Get Rating)'s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 14.55 ($0.18) and traded as low as GBX 12.02 ($0.15). Synairgen shares last traded at GBX 13.22 ($0.16), with a volume of 269,782 shares.

Synairgen Trading Down 5.4 %

The company has a market capitalization of £25.17 million, a PE ratio of -52.08 and a beta of -2.29. The company has a debt-to-equity ratio of 0.09, a current ratio of 6.35 and a quick ratio of 6.35. The firm's 50 day moving average is GBX 10.73 and its 200 day moving average is GBX 14.53.

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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