Osiris Therapeutics Inc. (NASDAQ:OSIR)’s share price dropped 7.8% during mid-day trading on Wednesday . The stock traded as low as $5.00 and last traded at $5.05, with a volume of 78,728 shares changing hands. The stock had previously closed at $5.48.

The stock’s 50-day moving average is $5.14 and its 200-day moving average is $5.70. The firm has a market capitalization of $174.67 million and a P/E ratio of 120.71.

An institutional investor recently raised its position in Osiris Therapeutics stock. GSA Capital Partners LLP boosted its stake in shares of Osiris Therapeutics Inc. (NASDAQ:OSIR) by 10.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 98,901 shares of the company’s stock after buying an additional 9,702 shares during the period. GSA Capital Partners LLP owned about 0.29% of Osiris Therapeutics worth $1,027,000 as of its most recent filing with the SEC.

Osiris Therapeutics, Inc is a medical products company. The Company is focused on developing and marketing products in regenerative medicine, including bioengineering, stem cell research and viable tissue based products. The Company’s offers products in orthopedics, sports medicine and wound care, including Cartiform, BIO4 and Grafix.

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