Synairgen (LON:SNG) Stock Price Crosses Above 50-Day Moving Average of $5.29

Shares of Synairgen plc (LON:SNG) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 5.29 ($0.07) and traded as high as GBX 7.59 ($0.09). Synairgen shares last traded at GBX 6.50 ($0.08), with a volume of 98,403 shares traded.

Synairgen Trading Down 9.6 %

The company has a current ratio of 6.77, a quick ratio of 6.35 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of £12.12 million, a P/E ratio of -130.00 and a beta of -2.23. The firm has a 50-day moving average of GBX 5.29 and a two-hundred day moving average of GBX 6.22.

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.