Cesca Therapeutics Inc. (KOOL) Shares Down 17%
Shares of Cesca Therapeutics Inc. (NASDAQ:KOOL) fell 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 traded. The stock had previously closed at $5.42.
Separately, Maxim Group reiterated a “hold” rating on shares of Cesca Therapeutics in a report on Tuesday, June 7th.
The stock’s market cap is $13.48 million. The stock’s 50 day moving average is $3.30 and its 200 day moving average is $3.52.
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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