Syncona (LON:SYNC) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Syncona (LON:SYNCGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 97.41 and traded as high as GBX 100.80. Syncona shares last traded at GBX 99, with a volume of 629,271 shares changing hands.

Analysts Set New Price Targets

Separately, Peel Hunt restated a “buy” rating and issued a GBX 189 price objective on shares of Syncona in a report on Thursday, November 13th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 189.

Get Our Latest Stock Analysis on SYNC

Syncona Stock Down 0.2%

The firm’s fifty day moving average price is GBX 97.38 and its two-hundred day moving average price is GBX 97.41. The stock has a market capitalization of £600.89 million, a PE ratio of -6.56 and a beta of 0.26.

Syncona Company Profile

(Get Free Report)

Syncona’s purpose is to invest to extend and enhance human life. We do this by creating, building and scaling companies to deliver transformational treatments to patients in areas of high unmet need. We aim to build and maintain a diversified portfolio of 20-25 globally leading life science businesses, across development stage, modality and therapeutic area, for the benefit of all our stakeholders. We focus on developing treatments that deliver patient impact by working in close partnership with world-class academic founders and experienced management teams.

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