Silence Therapeutics (OTCMKTS:SLNCF) Trading 16.3% Higher – Should You Buy?

Silence Therapeutics plc (OTCMKTS:SLNCFGet Free Report) shares shot up 16.3% during mid-day trading on Thursday . The company traded as high as $5.45 and last traded at $2.50. 470 shares changed hands during trading, a decline of 68% from the average session volume of 1,459 shares. The stock had previously closed at $2.15.

Silence Therapeutics Stock Up 16.3 %

The stock has a 50 day moving average of $5.71 and a 200 day moving average of $6.47.

Silence Therapeutics Company Profile

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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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