Synairgen (LON:SNG) Shares Cross Above 50 Day Moving Average of $5.29

Synairgen plc (LON:SNGGet Free Report) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty 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 changing hands.

Synairgen Trading Up 2.5 %

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 stock has a market capitalization of £12.99 million, a price-to-earnings ratio of -140.00 and a beta of -2.23. The firm has a 50-day moving average of GBX 5.30 and a 200 day moving average of GBX 6.21.

About Synairgen

(Get Free Report)

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.

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