Global Cord Blood (NYSE:CO) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Global Cord Blood Co. (NYSE:COGet Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.94 and traded as high as $1.00. Global Cord Blood shares last traded at $1.00, with a volume of 703 shares changing hands.

Global Cord Blood Stock Performance

The company has a 50 day moving average of $0.94 and a 200 day moving average of $0.94. The firm has a market cap of $121.55 million, a P/E ratio of 1.56 and a beta of 0.16.

Global Cord Blood Company Profile

(Get Free Report)

Global Cord Blood Corporation (NYSE: CO) is a leading operator of umbilical cord blood banking services in the People’s Republic of China. The company provides critical stem cell preservation and related services through its network of cord blood banks and medical partners. Its core activities encompass the collection, processing, testing, and long-term storage of cord blood units, which are preserved for potential therapeutic use in the treatment of hematological and genetic disorders.

In addition to cord blood banking, Global Cord Blood offers supplemental clinical services such as viability testing, stem cell expansion research, and personalized consultation for expectant parents.

Further Reading

Receive News & Ratings for Global Cord Blood Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Cord Blood and related companies with MarketBeat.com's FREE daily email newsletter.