Silence Therapeutics (OTCMKTS:SLNCF) Trading 1.6% Higher – Here’s Why

Silence Therapeutics plc (OTCMKTS:SLNCFGet Free Report)’s share price shot up 1.6% during trading on Wednesday . The company traded as high as $6.10 and last traded at $6.10. 200 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 1,595 shares. The stock had previously closed at $6.00.

Silence Therapeutics Price Performance

The business’s 50 day moving average is $6.18 and its 200 day moving average is $6.96.

Silence Therapeutics Company Profile

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Silence Therapeutics plc, a biotechnology company, focuses on the discovery and development novel molecules incorporating short interfering ribonucleic acid (siRNA) to inhibit the expression of specific target genes in hematology, cardiovascular, and rare diseases. The company's mRNAi GalNAc Oligonucleotide Discovery platform consists of precision engineered product candidates designed to target specific disease-associated genes in the liver.

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