Vericel Corp. (VCEL) Sees Strong Trading Volume
Vericel Corp. (NASDAQ:VCEL) saw an uptick in trading volume on Friday . 291,218 shares were traded during trading, an increase of 97% from the previous session’s volume of 147,534 shares.The stock last traded at $2.26 and had previously closed at $2.19.
The stock’s market capitalization is $48.23 million. The company has a 50-day moving average of $2.19 and a 200-day moving average of $2.78.
Vericel Corp. (NASDAQ:VCEL) last announced its quarterly earnings results on Monday, August 8th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.16) by $0.05. The business earned $12.80 million during the quarter, compared to the consensus estimate of $15.05 million. On average, equities research analysts anticipate that Vericel Corp. will post ($0.91) EPS for the current fiscal year.
Vericel Corporation, formerly Aastrom Biosciences, Inc, is a commercial-stage biopharmaceutical company dedicated to the identification, development and commercialization of therapies that enable the body to repair and regenerate damaged tissues and organs to restore normal structure and function. The Company operates through the research, product development, manufacture and distribution of patient-specific, expanded cellular therapies for use in the treatment of specific diseases segment.
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