Synairgen (LON:SNG) Stock Price Passes Above 50 Day Moving Average of $5.45

Shares of Synairgen plc (LON:SNG) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 5.45 ($0.07) and traded as high as GBX 7.35 ($0.09). Synairgen shares last traded at GBX 7.02 ($0.09), with a volume of 30,405 shares changing hands.

Synairgen Price Performance

The company has a debt-to-equity ratio of 0.09, a current ratio of 6.77 and a quick ratio of 6.35. The stock has a market capitalization of £13.37 million, a P/E ratio of -140.40 and a beta of -2.23. The stock’s fifty day moving average is GBX 5.45 and its 200-day moving average is GBX 6.19.

Synairgen Company Profile

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.