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Scancell (LON:SCLP) Trading 29.8% Higher - Here's Why

Scancell logo with Medical background

Scancell Holdings plc (LON:SCLP - Get Free Report)'s stock price was up 29.8% during trading on Monday . The stock traded as high as GBX 11.38 ($0.15) and last traded at GBX 11 ($0.15). Approximately 10,537,342 shares traded hands during mid-day trading, an increase of 1,073% from the average daily volume of 897,982 shares. The stock had previously closed at GBX 8.48 ($0.11).

Scancell Trading Up 5.5 %

The firm has a market cap of £109.27 million, a P/E ratio of -16.18 and a beta of 0.35. The company has a current ratio of 3.42, a quick ratio of 13.01 and a debt-to-equity ratio of -566.79. The company's fifty day moving average price is GBX 8.58 and its two-hundred day moving average price is GBX 10.80.

Scancell (LON:SCLP - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The company reported GBX (1.35) (($0.02)) earnings per share for the quarter. As a group, sell-side analysts predict that Scancell Holdings plc will post -2.5361112 EPS for the current fiscal year.

Scancell Company Profile

(Get Free Report)

Scancell LSE: SCLP is a clinical stage immunotherapy biotech company developing treatments for significant unmet needs in cancer. We aim to translate our innovation and creativity into increased and durable responses in patients without compromising safety, addressing hard-to-treat cancers. Scancell has developed a pipeline of ‘off-the-shelf' vaccines to induce immune responses and highly tumour specific monoclonal antibodies to redirect immune cells or drugs.

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