Cesca Therapeutics Inc. (NASDAQ:KOOL)’s share price traded up 32.4% during mid-day trading on Wednesday . The company traded as high as $7.39 and last traded at $5.89, with a volume of 6,127,246 shares changing hands. The stock had previously closed at $4.45.

Separately, Maxim Group restated a “hold” rating on shares of Cesca Therapeutics in a report on Tuesday, June 7th.

The firm’s market capitalization is $16.30 million. The stock’s 50-day moving average price is $3.23 and its 200-day moving average price is $3.51.

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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