Humacyte (NASDAQ:HUMAW) Trading Down 1.7% – Here’s What Happened

Humacyte, Inc. (NASDAQ:HUMAWGet Free Report)’s stock price traded down 1.7% during mid-day trading on Thursday . The company traded as low as $0.55 and last traded at $0.59. 33,386 shares were traded during mid-day trading, an increase of 16% from the average session volume of 28,782 shares. The stock had previously closed at $0.60.

Humacyte Stock Down 1.7%

The business has a 50-day moving average of $0.43 and a 200-day moving average of $1.01.

About Humacyte

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Humacyte, Inc engages in the development and manufacture of off-the-shelf, implantable, and bioengineered human tissues for the treatment of diseases and conditions across a range of anatomic locations in multiple therapeutic areas. The company using its proprietary and scientific technology platform to engineer and manufacture human acellular vessels (HAVs) to be implanted into patient without inducing a foreign body response or leading to immune rejection.

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