Syncona (LON:SYNC) Trading Up 0.2%

Syncona (LON:SYNC)’s stock price shot up 0.2% on Tuesday . The stock traded as high as GBX 123 ($1.60) and last traded at GBX 122.80 ($1.60). 248,105 shares traded hands during trading, a decline of 69% from the average session volume of 792,818 shares. The stock had previously closed at GBX 122.60 ($1.59).

Syncona Trading Up 0.2 %

The company has a 50 day simple moving average of GBX 117.71 and a two-hundred day simple moving average of GBX 119.37. The company has a debt-to-equity ratio of 64.05, a quick ratio of 0.53 and a current ratio of 1.24. The company has a market cap of £805.45 million, a PE ratio of -491.20 and a beta of 0.26.

Insider Activity at Syncona

In related news, insider Robert Hutchinson purchased 26,573 shares of the company’s stock in a transaction dated Tuesday, June 25th. The shares were acquired at an average cost of GBX 112 ($1.46) per share, with a total value of £29,761.76 ($38,671.73). 2.18% of the stock is currently owned by insiders.

Syncona Company Profile

Syncona Limited is a fund specializes in investments in hedge, equity and long-term alternative investment funds across multiple asset classes. It manages private equity, debt, fixed income and alternative investments. The fund prefers to invest in healthcare and life sciences sector with focus on Cell therapy, gene therapy, biologics and small molecules.