Cesca Therapeutics Inc. (NASDAQ:KOOL) shot up 2.3% during mid-day trading on Monday . The stock traded as high as $4.21 and last traded at $4.00, with a volume of 67,146 shares traded. The stock had previously closed at $3.91.

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

The company’s market capitalization is $11.83 million. The stock has a 50 day moving average of $3.90 and a 200 day moving average of $3.51.

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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