Synairgen (LON:SNG) Stock Price Crosses Above 50-Day Moving Average of $5.29

Synairgen plc (LON:SNG) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 5.29 ($0.07) and traded as high as GBX 7.59 ($0.09). Synairgen shares last traded at GBX 6.50 ($0.08), with a volume of 98,403 shares traded.

Synairgen Stock Performance

The company has a quick ratio of 6.35, a current ratio of 6.77 and a debt-to-equity ratio of 0.09. The stock has a market cap of £12.12 million, a P/E ratio of -130.00 and a beta of -2.23. The stock has a fifty day simple moving average of GBX 5.29 and a 200-day simple moving average of GBX 6.22.

Synairgen Company Profile

Synairgen plc discovers and develops drugs for respiratory diseases. It develops SNG001, an inhaled interferon beta for the treatment of COVID-19; inhaled interferon beta (IFN-ß), which is in Phase-II clinical trials for the treatment of asthma caused by the common cold and flu; and IFN-ß that is in Phase-II clinical trials for the treatment or prevention of chronic obstructive pulmonary disease.