Shares of Silence Therapeutics plc (LON:SLN) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 244.75 ($3.25) and last traded at GBX 235 ($3.12), with a volume of 264,646 shares changing hands. The stock had previously closed at GBX 228 ($3.03).

The firm’s market capitalization is GBX 167.00 million. The company’s 50 day moving average price is GBX 189.17 and its 200 day moving average price is GBX 126.87.

In other news, insider Alistair Gray acquired 3,848 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was bought at an average cost of GBX 130 ($1.73) per share, for a total transaction of £5,002.40 ($6,646.82). Also, insider Andy Richards acquired 7,000 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was purchased at an average price of GBX 147 ($1.95) per share, with a total value of £10,290 ($13,672.60).

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About Silence Therapeutics plc

Silence Therapeutics plc is a United Kingdom-based ribonucleic acid (RNA) technology company. The Company is primarily involved in the research and development of pharmaceutical products. The Company’s technology harnesses the body’s natural mechanisms to create therapeutic effects within its own cells.

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