Sareum (LON:SAR) Stock Price Passes Below 200-Day Moving Average of $29.49

Shares of Sareum Holdings plc (LON:SARGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 29.49 ($0.39) and traded as low as GBX 25.35 ($0.33). Sareum shares last traded at GBX 26 ($0.34), with a volume of 411,218 shares.

Sareum Stock Down 1.9 %

The company has a market cap of £28.07 million, a P/E ratio of -433.33 and a beta of -1.08. The company has a fifty day moving average of GBX 30.33 and a 200 day moving average of GBX 29.49.

Sareum Company Profile

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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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