Cesca Therapeutics Inc. (NASDAQ:KOOL)’s share price was down 17% during trading on Thursday . The company traded as low as $4.44 and last traded at $4.50, with a volume of 1,145,941 shares trading hands. The stock had previously closed at $5.42.

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

The company’s 50-day moving average price is $3.37 and its 200 day moving average price is $3.54. The firm’s market capitalization is $12.75 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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