Silence Therapeutics (OTCMKTS:SLNCF) Shares Down 11.1% – Here’s Why

Shares of Silence Therapeutics plc (OTCMKTS:SLNCFGet Free Report) traded down 11.1% during trading on Friday . The stock traded as low as $1.60 and last traded at $1.60. 101 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 9,638 shares. The stock had previously closed at $1.80.

Silence Therapeutics Price Performance

The business has a 50-day simple moving average of $1.61 and a two-hundred day simple moving average of $1.49.

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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