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Scancell (LON:SCLP) Shares Cross Below 200 Day Moving Average - Here's Why

Scancell logo with Medical background

Scancell Holdings plc (LON:SCLP - Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 13.69 ($0.17) and traded as low as GBX 9.50 ($0.12). Scancell shares last traded at GBX 9.66 ($0.12), with a volume of 993,438 shares trading hands.

Scancell Trading Down 2.1 %

The business's fifty day simple moving average is GBX 11.49 and its two-hundred day simple moving average is GBX 13.69. The company has a quick ratio of 13.01, a current ratio of 3.42 and a debt-to-equity ratio of 61.41. The company has a market cap of £88.78 million, a price-to-earnings ratio of -955.00 and a beta of 0.35.

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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