Silence Therapeutics (OTCMKTS:SLNCF) Trading Down 24.7% – Should You Sell?

Silence Therapeutics plc (OTCMKTS:SLNCFGet Free Report)’s share price traded down 24.7% on Monday . The stock traded as low as $1.13 and last traded at $1.13. 2,300 shares were traded during mid-day trading, an increase of 82% from the average session volume of 1,267 shares. The stock had previously closed at $1.50.

Silence Therapeutics Trading Down 24.7 %

The company’s 50-day simple moving average is $1.49 and its 200-day simple moving average is $3.33.

About Silence Therapeutics

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Silence Therapeutics plc, a biotechnology company, focuses on the discovery and development novel molecules incorporating short interfering ribonucleic acid (siRNA) to inhibit the expression of specific target genes in hematology, cardiovascular, and rare diseases. The company's mRNAi GalNAc Oligonucleotide Discovery platform consists of precision engineered product candidates designed to target specific disease-associated genes in the liver.

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