Scancell (LON:SCLP) Shares Pass Below 200-Day Moving Average – What’s Next?

Scancell Holdings plc (LON:SCLPGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 14.56 and traded as low as GBX 9.50. Scancell shares last traded at GBX 9.67, with a volume of 1,814,731 shares trading hands.

Scancell Stock Up 0.1%

The company has a market cap of £99.21 million, a PE ratio of -17.38 and a beta of 0.69. The business has a 50-day simple moving average of GBX 11.54 and a 200-day simple moving average of GBX 14.53. The company has a quick ratio of 13.01, a current ratio of 0.56 and a debt-to-equity ratio of -193.29.

About Scancell

(Get Free Report)

Scancell (LSE:SCLP) is a clinical stage company leveraging two proprietary platforms, Immunobody® and Moditope®, to develop targeted off-the-shelf, patient-accessible active immunotherapies for a cancer-free future. The lead product iSCIB1+ is an Immunobody® DNA active immunotherapy that has demonstrated monotherapy activity in adjuvant melanoma. When combined with checkpoint therapies it showed additional clinical benefit over the checkpoints (CPI) alone in the ongoing Phase 2 SCOPE trial in advanced melanoma.

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