Synairgen (LON:SNG) Sets New 52-Week Low – Here’s What Happened

Synairgen plc (LON:SNGGet Free Report)’s share price hit a new 52-week low on Friday . The company traded as low as GBX 2 ($0.02) and last traded at GBX 2 ($0.02), with a volume of 4307056 shares changing hands. The stock had previously closed at GBX 3.75 ($0.05).

Synairgen Stock Performance

The stock has a market cap of £4.03 million, a PE ratio of -66.67 and a beta of -2.23. The company has a debt-to-equity ratio of 0.09, a current ratio of 6.77 and a quick ratio of 6.35. The stock has a 50-day simple moving average of GBX 4.50 and a 200-day simple moving average of GBX 4.46.

Synairgen Company Profile

(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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