Sareum (LON:SAR) Stock Passes Above 50-Day Moving Average of $29.41

Sareum Holdings plc (LON:SARGet Free Report)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 29.41 ($0.37) and traded as high as GBX 42 ($0.53). Sareum shares last traded at GBX 38.50 ($0.49), with a volume of 406,488 shares.

Sareum Trading Down 2.6 %

The stock has a 50 day simple moving average of GBX 30.52 and a 200 day simple moving average of GBX 38.63. The stock has a market cap of £41.02 million, a P/E ratio of -633.33 and a beta of -1.03.

Sareum Company Profile

(Get Free Report)

Sareum Holdings plc, a clinical stage small molecule drug development company, engages in the discovery and development of therapeutic drugs for cancer and autoimmune diseases. It develops small molecule therapeutic drugs based on its Sareum Kinase Inhibitor Library drug discovery platform. The company's lead product is SDC-1801, a TYK2/JAK1 inhibitor that is in a Phase 1a clinical trials for the treatment of autoimmune diseases.

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