Sareum (LON:SAR) Stock Crosses Below 50-Day Moving Average of $33.09

Shares of Sareum Holdings plc (LON:SARGet Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 33.09 ($0.42) and traded as low as GBX 10 ($0.13). Sareum shares last traded at GBX 10.75 ($0.13), with a volume of 7,622,267 shares trading hands.

Sareum Stock Up 6.5 %

The stock has a market cap of £8.22 million, a P/E ratio of -215.00 and a beta of -0.69. The company has a 50-day simple moving average of GBX 33.09 and a two-hundred day simple moving average of GBX 53.76.

About Sareum

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Sareum Holdings plc, a clinical stage small molecule drug development company, engages in the discovery and development of therapeutic drugs for cancer and autoimmune diseases. It develops small molecule therapeutic drugs based on its Sareum Kinase Inhibitor Library drug discovery platform. The company's lead product is SDC-1801, a TYK2/JAK1 inhibitor that is in a Phase 1a clinical trials for the treatment of autoimmune diseases.

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