Synairgen (LON:SNG) Shares Down 5.2% – Here’s What Happened

Synairgen plc (LON:SNGGet Free Report)’s share price fell 5.2% on Thursday . The company traded as low as GBX 3.50 ($0.04) and last traded at GBX 3.93 ($0.05). 339,001 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 316,664 shares. The stock had previously closed at GBX 4.15 ($0.05).

Synairgen Trading Down 15.3 %

The company’s 50 day simple moving average is GBX 4.50 and its 200-day simple moving average is GBX 4.46. The firm has a market cap of £7.07 million, a P/E ratio of -117.00 and a beta of -2.23. The company has a quick ratio of 6.35, a current ratio of 6.77 and a debt-to-equity ratio of 0.09.

Synairgen Company Profile

(Get Free Report)

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.

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