Syncona (LON:SYNC) Share Price Passes Below 50-Day Moving Average of $243.49

Shares of Syncona Ltd (LON:SYNC) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $243.49 and traded as low as $232.50. Syncona shares last traded at $233.00, with a volume of 505,947 shares.

Separately, Peel Hunt reiterated an “add” rating on shares of Syncona in a report on Monday, July 20th.

The stock has a market cap of $1.55 billion and a price-to-earnings ratio of -7.90. The business’s fifty day simple moving average is GBX 243.49 and its 200 day simple moving average is GBX 227.12.

Syncona Company Profile (LON:SYNC)

Syncona Limited is a publicly owned investment manager. The firm invests in hedge, equity and long-term alternative investment funds across multiple asset classes. It manages private equity, debt, fixed income and alternative investments. The firm invests in the public equity and fixed income markets across the globe.

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