Shares of Global Cord Blood Co. (NYSE:CO – Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.92 and traded as high as $0.9505. Global Cord Blood shares last traded at $0.9505, with a volume of 5,003 shares traded.
Global Cord Blood Stock Down 9.5%
The firm has a 50-day moving average price of $0.97 and a two-hundred day moving average price of $0.92. The company has a market capitalization of $115.53 million, a P/E ratio of 1.49 and a beta of 0.16.
About Global Cord Blood
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.
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