Cesca Therapeutics Inc. (KOOL) Sees Strong Trading Volume
Shares of Cesca Therapeutics Inc. (NASDAQ:KOOL) saw unusually-strong trading volume on Monday . Approximately 1,588,821 shares were traded during mid-day trading, an increase of 8% from the previous session’s volume of 1,473,449 shares.The stock last traded at $4.50 and had previously closed at $4.16.
Separately, Maxim Group reissued a “hold” rating on shares of Cesca Therapeutics in a report on Monday, August 1st.
The company’s market cap is $14.14 million. The company has a 50-day moving average of $3.74 and a 200-day moving average of $3.55.
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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