Stephen Parker Buys 84,033 Shares of Sareum Holdings plc (LON:SAR) Stock

Sareum Holdings plc (LON:SAR) insider Stephen Parker acquired 84,033 shares of the business’s stock in a transaction on Wednesday, March 26th. The stock was acquired at an average price of GBX 12 ($0.15) per share, for a total transaction of £10,083.96 ($12,983.08).

Sareum Stock Up 8.1 %

Shares of LON SAR opened at GBX 12.97 ($0.17) on Thursday. The company has a 50 day moving average of GBX 17.82 and a 200 day moving average of GBX 23.19. Sareum Holdings plc has a twelve month low of GBX 10 ($0.13) and a twelve month high of GBX 52.50 ($0.68). The firm has a market cap of £16.20 million, a P/E ratio of -3.07 and a beta of -1.08.

Sareum (LON:SAR) last released its quarterly earnings data on Tuesday, March 25th. The company reported GBX (0.90) (($0.01)) EPS for the quarter. As a group, equities analysts expect that Sareum Holdings plc will post -3.8 earnings per share for the current fiscal year.

About Sareum

Sareum is a specialist drug development company delivering targeted small molecule therapeutics to improve the treatment of cancer and autoimmune diseases. The Company aims to generate value through licensing its candidates to international pharmaceutical and biotechnology companies at the preclinical or early clinical trials stage.
Sareum is advancing internal programmes focused on distinct dual tyrosine kinase 2 (TYK2) / Janus kinase 1 (JAK1) inhibitors through preclinical development as therapies for autoimmune diseases, including the ‘cytokine storm’ immune system overreaction to Covid-19 and other viral infections, (SDC-1801) and cancer immunotherapy (SDC-1802).
Sareum also has an economic interest in SRA737, a clinical-stage oral, selective Checkpoint kinase 1 (Chk1) inhibitor that targets cancer cell replication and DNA damage repair mechanisms.