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Scancell (LON:SCLP) Shares Up 18% - Here's Why

Scancell logo with Medical background

Scancell Holdings plc (LON:SCLP - Get Free Report)'s stock price shot up 18% on Monday . The company traded as high as GBX 10.24 ($0.14) and last traded at GBX 10 ($0.13). 4,580,422 shares traded hands during trading, an increase of 461% from the average session volume of 816,381 shares. The stock had previously closed at GBX 8.48 ($0.11).

Scancell Stock Performance

The company has a market cap of £109.27 million, a price-to-earnings ratio of -16.18 and a beta of 0.35. The company has a debt-to-equity ratio of -566.79, a quick ratio of 13.01 and a current ratio of 3.42. The stock's fifty day simple moving average is GBX 8.55 and its two-hundred day simple moving average is GBX 10.82.

Scancell (LON:SCLP - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported GBX (1.35) (($0.02)) earnings per share (EPS) for the quarter. Equities research analysts anticipate that Scancell Holdings plc will post -2.5361112 EPS for the current year.

About Scancell

(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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