Syncona Limited NPV (SYNC)

Sector:

Investment Firms

Index:

FTSE 250

107.60p
   
  • Change Today:
    -2.60p
  • 52 Week High: 162.20
  • 52 Week Low: 106.20
  • Currency: UK Pounds
  • Shares Issued: 651.13m
  • Volume: 2,019,383
  • Market Cap: £700.62m
  • RiskGrade: 291

Syncona's Q3 a 'period of significant activity'

By Iain Gilbert

Date: Thursday 10 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Life sciences firm Syncona said on Thursday that the third quarter had been a "period of significant activity", with $674.0m raised by its portfolio and its third successful exit to date.
Syncona posted a 16% uptick in net asset value in the third quarter, boosted by its up to £1.1bn sale of Gyroscope Therapeutics, with net assets reaching £1.33bn by the end of December.

The FTSE 250-listed firm also highlighted that it had announced five "significant financings" in the quarter, raising a total of $674.0m in capital to further support its growing portfolio.

Syncona also noted that its portfolio companies had made "contented clinical and operational progress" throughout the period.

Chief executive Martin Murphy said: "It has been a period of significant activity within the portfolio, with multiple financings, further clinical progress, and our third successful exit to date.

"Many of our companies are approaching clinical data readouts in the next 12 months, and we remain confident in the potential of our portfolio to drive value and deliver transformational treatments to patients."

As of 0840 GMT, Syncona shares were up 2.72% at 200.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SYNC Market Data

Currency UK Pounds
Share Price 107.60p
Change Today -2.60p
% Change -2.36 %
52 Week High 162.20
52 Week Low 106.20
Volume 2,019,383
Shares Issued 651.13m
Market Cap £700.62m
RiskGrade 291

SYNC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
71.53% above the sector average71.53% above the sector average71.53% above the sector average71.53% above the sector average71.53% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
88.52% below the sector average88.52% below the sector average88.52% below the sector average88.52% below the sector average88.52% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SYNC Dividends

  Latest Previous
  Final Final
Ex-Div 21-Jun-18 20-Jul-17
Paid 30-Jul-18 23-Aug-17
Amount 2.30p 2.30p

Trades for 17-May-2024

Time Volume / Share Price
16:35 34,318 @ 107.60p
16:35 2,115 @ 107.60p
16:35 113 @ 107.60p
16:35 894 @ 107.60p
16:35 529 @ 107.60p

SYNC Key Personnel

Chair Melanie Gee

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