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Why Is It Moving? Looking At Synlogic's Price Action Today

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Synlogic’s Stock Price And Volume Action

Synlogic’s (NASDAQ: SYBX) stock is trading up 17.18% to a price of $2.76. The stock’s current volume for the day is 15.18 million, which is approximately 1159.03% of its previous 30-day average volume of 1.31 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Synlogic shares are trading higher after the company announced plans to advance its cancer treatment into the combination therapy stage of its phase 1 trial.

Perspective On Recent Price Action

The stock’s 50-day moving average was $2.1 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $3.99 and fallen to a low of $1.35.

If you’re looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving’ alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

 

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