Syncona (LON:SYNC) Trading 0.4% Higher – Time to Buy?

Syncona (LON:SYNC) shares shot up 0.4% during trading on Tuesday . The company traded as high as GBX 99 ($1.23) and last traded at GBX 98 ($1.22). 405,736 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 957,447 shares. The stock had previously closed at GBX 97.60 ($1.21).

Syncona Trading Up 0.4 %

The firm has a market capitalization of £625.17 million, a P/E ratio of 9,800.00 and a beta of 0.26. The company has a quick ratio of 0.53, a current ratio of 1.00 and a debt-to-equity ratio of 64.05. The firm has a 50 day moving average of GBX 100.10 and a 200-day moving average of GBX 109.82.

Syncona Company Profile

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.