Scancell (LON:SCLP) Stock Price Down 17.6% – Here’s What Happened

Scancell Holdings plc (LON:SCLPGet Free Report) shares traded down 17.6% during mid-day trading on Thursday . The company traded as low as GBX 9.90 and last traded at GBX 10.50. Approximately 17,677,387 shares were traded during trading, an increase of 771% from the average session volume of 2,029,101 shares. The stock had previously closed at GBX 12.75.

Scancell Price Performance

The firm’s fifty day moving average price is GBX 19.16 and its 200 day moving average price is GBX 15.13. The company has a quick ratio of 13.01, a current ratio of 0.56 and a debt-to-equity ratio of -193.29. The stock has a market cap of £108.97 million, a PE ratio of -19.09 and a beta of 0.74.

Scancell Company Profile

(Get Free Report)

Scancell (LSE:SCLP) is a clinical stage company leveraging two proprietary platforms, Immunobody® and Moditope®, to develop targeted off-the-shelf, patient-accessible active immunotherapies for a cancer-free future. The lead product iSCIB1+ is an Immunobody® DNA active immunotherapy that has demonstrated monotherapy activity in adjuvant melanoma. When combined with checkpoint therapies it showed additional clinical benefit over the checkpoints (CPI) alone in the ongoing Phase 2 SCOPE trial in advanced melanoma.

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