Silence Therapeutics (OTCMKTS:SLNCF) Stock Price Down 32.7% – Here’s Why

Silence Therapeutics plc (OTCMKTS:SLNCFGet Free Report)’s share price fell 32.7% during mid-day trading on Friday . The stock traded as low as $1.01 and last traded at $1.01. 2,700 shares traded hands during trading, an increase of 50% from the average session volume of 1,800 shares. The stock had previously closed at $1.50.

Silence Therapeutics Stock Performance

The company has a fifty day moving average price of $2.54 and a 200-day moving average price of $5.09.

Silence Therapeutics Company Profile

(Get Free Report)

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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