Silence Therapeutics (OTCMKTS:SLNCF) Trading Up 16.3% – Time to Buy?

Silence Therapeutics plc (OTCMKTS:SLNCFGet Free Report)’s share price shot up 16.3% on Thursday . The stock traded as high as $5.45 and last traded at $2.50. 470 shares traded 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 Price Performance

The stock’s 50 day moving average is $5.62 and its two-hundred day moving average is $6.44.

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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