Syncona (LON:SYNC) Shares Down 0.8% – Here’s What Happened

Syncona (LON:SYNC) shares fell 0.8% during mid-day trading on Monday . The stock traded as low as GBX 98.20 and last traded at GBX 98.20. 362,647 shares traded hands during trading, a decline of 47% from the average session volume of 688,589 shares. The stock had previously closed at GBX 99.

Syncona Stock Performance

The company has a market cap of £597.25 million, a P/E ratio of -6.52 and a beta of 0.31. The stock has a 50-day simple moving average of GBX 92.49 and a 200 day simple moving average of GBX 95.01.

About Syncona

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. We focus on developing treatments that deliver patient impact by working in close partnership with world-class academic founders and experienced management teams.