Cesca Therapeutics Inc. (NASDAQ:KOOL)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $3.43, but opened at $3.45. Cesca Therapeutics shares last traded at $6.41, with a volume of 10,532,898 shares traded.

Separately, Maxim Group reaffirmed a “hold” rating on shares of Cesca Therapeutics in a research note on Thursday, June 23rd.

The stock’s 50 day moving average price is $3.08 and its 200-day moving average price is $3.45. The firm’s market cap is $14.95 million.

Cesca Therapeutics Inc is focused on the research, development and commercialization of autologous cell-based therapeutics for use in regenerative medicine. The Company is engaged in developing and manufacturing automated blood and bone marrow processing systems that enable the separation processing and preservation of cell and tissue therapy products.

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