Silence Therapeutics (OTCMKTS:SLNCF) Stock Price Down 32.7% – Should You Sell?

Silence Therapeutics plc (OTCMKTS:SLNCFGet Free Report) fell 32.7% on Friday . The stock traded as low as $1.01 and last traded at $1.01. 2,700 shares were traded during mid-day trading, an increase of 50% from the average session volume of 1,800 shares. The stock had previously closed at $1.50.

Silence Therapeutics Stock Performance

The business has a 50 day simple moving average of $2.63 and a 200-day simple moving average of $5.15.

About Silence Therapeutics

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Silence Therapeutics plc, a biotechnology company, focuses on the discovery and development novel molecules incorporating short interfering ribonucleic acid (siRNA) to inhibit the expression of specific target genes in hematology, cardiovascular, and rare diseases. The company's mRNAi GalNAc Oligonucleotide Discovery platform consists of precision engineered product candidates designed to target specific disease-associated genes in the liver.

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