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Why Sio Gene Therapies's Stock is Trading Higher Today

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The Price And Volume Action In Sio Gene Therapies's Stock Today

Sio Gene Therapies’s (NASDAQ: SIOX) stock has been rising Wednesday, up 30.98% to a price of $3.92. The stock’s current volume for the day is 21.39 million, which is approximately 1766.01% of its previous 30-day average volume of 1.21 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Sio Gene Therapies shares are trading higher after the company announced "positive" six-month follow-up data from a low-dose cohort of Phase 1/2 trial of AXO-AAV-GM1.

Insights On Recent Price Action

The 50-day moving average price of Sio Gene Therapies’s stock was $2.44 when this article was published. The stock reached a high of $3.22 and a low of $2.07 in the past 52 weeks.

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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