Cizzle Biotechnology (LON:CIZ) Shares Down 6.7% – Here’s Why

Cizzle Biotechnology Holdings Plc (LON:CIZGet Free Report) shares fell 6.7% on Wednesday . The company traded as low as GBX 1.40 ($0.02) and last traded at GBX 1.40 ($0.02). 41,343 shares traded hands during trading, a decline of 96% from the average session volume of 1,048,565 shares. The stock had previously closed at GBX 1.50 ($0.02).

Cizzle Biotechnology Price Performance

The business has a 50 day simple moving average of GBX 1.61 and a 200 day simple moving average of GBX 1.78. The company has a market capitalization of £5.52 million, a price-to-earnings ratio of -1,953.67 and a beta of 0.38.

About Cizzle Biotechnology

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Cizzle Biotechnology Holdings Plc, together with its subsidiaries, engages in the development of an immunoassay test for the CIZ1B biomarker for the early detection of lung cancer in the United Kingdom. The company was formerly known as Cizzle Biotechnology Limited and changed its name to Cizzle Biotechnology Holdings Plc in May 2021.

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