Scancell (LON:SCLP) Trading Down 8.2% – Time to Sell?

Scancell Holdings plc (LON:SCLPGet Free Report)’s stock price traded down 8.2% during mid-day trading on Monday . The company traded as low as GBX 16 and last traded at GBX 16.89. Approximately 4,823,857 shares changed hands during trading, an increase of 146% from the average session volume of 1,962,216 shares. The stock had previously closed at GBX 18.40.

Scancell Stock Performance

The business has a 50 day moving average price of GBX 19.41 and a two-hundred day moving average price of GBX 14.58. The stock has a market cap of £175.28 million, a P/E ratio of -30.71 and a beta of 0.71. The company has a quick ratio of 13.01, a current ratio of 0.56 and a debt-to-equity ratio of -193.29.

About Scancell

(Get Free Report)

Scancell (LSE:SCLP) is a clinical stage company leveraging two proprietary platforms, Immunobody® and Moditope®, to develop targeted off-the-shelf, patient-accessible active immunotherapies for a cancer-free future. The lead product iSCIB1+ is an Immunobody® DNA active immunotherapy that has demonstrated monotherapy activity in adjuvant melanoma. When combined with checkpoint therapies it showed additional clinical benefit over the checkpoints (CPI) alone in the ongoing Phase 2 SCOPE trial in advanced melanoma.

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