Summit Therapeutics (SUMM) Trading Up 7%
Summit Therapeutics PLC (LON:SUMM) was up 7% during mid-day trading on Wednesday . The company traded as high as GBX 23 ($0.30) and last traded at GBX 23 ($0.30). Approximately 270,000 shares changed hands during mid-day trading, an increase of 680% from the average daily volume of 34,608 shares. The stock had previously closed at GBX 21.50 ($0.28).
In other news, insider Leopoldo Zambeletti sold 11,358 shares of the firm’s stock in a transaction that occurred on Wednesday, October 24th. The shares were sold at an average price of GBX 28 ($0.37), for a total value of £3,180.24 ($4,155.55).
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Summit Therapeutics plc, a biopharmaceutical company, focuses on the discovery, development, and commercialization of novel medicines to treat rare and infectious diseases in the United Kingdom and North America. It is conducting clinical programmes focused on the genetic disease Duchenne muscular dystrophy (DMD) and the infectious disease Clostridium difficile infection (CDI).
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