H-CYTE (OTCMKTS:HCYTD) Trading Down 49.5% – Here’s What Happened

H-CYTE, Inc. (OTCMKTS:HCYTDGet Free Report)’s stock price dropped 49.5% during trading on Monday . The stock traded as low as $2.02 and last traded at $2.02. Approximately 400 shares traded hands during trading, an increase of 288% from the average daily volume of 103 shares. The stock had previously closed at $4.00.

H-CYTE Price Performance

The firm has a 50-day moving average price of $2.02 and a two-hundred day moving average price of $2.02.

About H-CYTE

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H-CYTE, Inc, a biopharmaceutical company, develops and delivers various treatments for patients with chronic respiratory and pulmonary disorders in the United States. The company develops and implements treatment options in autologous cellular therapy to treat chronic lung disorders. It has a product supply agreement with Rion, LLC to develop and distribute a biologic for chronic obstructive pulmonary disease. The company is headquartered in Tampa, Florida.

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