Cesca Therapeutics Inc. (NASDAQ:KOOL) was down 7.2% during mid-day trading on Tuesday . The stock traded as low as $4.20 and last traded at $4.36, with a volume of 277,806 shares traded. The stock had previously closed at $4.70.

Separately, Maxim Group reiterated a “hold” rating on shares of Cesca Therapeutics in a report on Monday, August 1st.

The firm’s market capitalization is $12.78 million. The stock’s 50-day moving average price is $3.74 and its 200 day moving average price is $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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