Orgenesis (NASDAQ:ORGS) Shares Down 45.4% – Here’s Why

Orgenesis Inc. (NASDAQ:ORGSGet Free Report)’s stock price dropped 45.4% on Friday . The company traded as low as $0.30 and last traded at $0.30. Approximately 725 shares changed hands during mid-day trading, an increase of 36% from the average daily volume of 533 shares. The stock had previously closed at $0.5495.

Orgenesis Stock Down 45.4%

The company’s 50-day moving average is $0.32 and its two-hundred day moving average is $0.39. The company has a market cap of $1.55 million, a P/E ratio of -0.04 and a beta of 3.42.

Orgenesis Company Profile

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Orgenesis, Inc is a cell and gene therapy company that develops and commercializes point-of-care manufacturing platforms for autologous and allogeneic therapies. The company offers an end-to-end solution that spans from R&D through clinical and commercial production, targeting applications in oncology, neurology, and various rare diseases. Orgenesis’ technology platforms are designed to streamline the complex processes involved in cell isolation, genetic modification, expansion and cryopreservation.

The company’s flagship offering is its automated Prodigy® platform, which integrates cell processing workflows into a closed, single-use system.

Further Reading

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