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

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

Silence Therapeutics Price Performance

The firm’s 50 day moving average price is $2.63 and its two-hundred day moving average price is $5.15.

About Silence Therapeutics

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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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