Cesca Therapeutics Inc. (NASDAQ:KOOL) was down 5.9% on Wednesday . The company traded as low as $3.77 and last traded at $3.81, with a volume of 137,470 shares trading hands. The stock had previously closed at $4.05.

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

The firm’s 50 day moving average price is $3.45 and its 200-day moving average price is $3.57. The stock’s market cap is $11.52 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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