Syncona (LON:SYNC) Shares Down 0.8%

Syncona (LON:SYNC) shares were down 0.8% on Tuesday . The stock traded as low as GBX 116.80 ($1.53) and last traded at GBX 117 ($1.53). Approximately 211,832 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 781,387 shares. The stock had previously closed at GBX 118 ($1.54).

Syncona Trading Down 0.8 %

The company has a debt-to-equity ratio of 64.05, a current ratio of 1.24 and a quick ratio of 0.53. The firm has a market cap of £767.40 million, a P/E ratio of -468.00 and a beta of 0.26. The company’s 50 day moving average is GBX 120.45 and its two-hundred day moving average is GBX 119.38.

Insider Activity

In related news, insider Robert Hutchinson bought 26,573 shares of Syncona stock in a transaction on Tuesday, June 25th. The shares were purchased at an average price of GBX 112 ($1.46) per share, for a total transaction of £29,761.76 ($38,919.52). 2.18% of the stock is currently owned by corporate 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.