Cuprina Holdings (Cayman) (NASDAQ:CUPR) Trading Down 0.3% – Time to Sell?

Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR)’s share price traded down 0.3% during trading on Monday . The stock traded as low as $0.3270 and last traded at $0.3510. 389,516 shares were traded during mid-day trading, a decline of 92% from the average session volume of 5,142,539 shares. The stock had previously closed at $0.3520.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on Cuprina Holdings (Cayman) in a research note on Monday, January 26th. They issued a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Cuprina Holdings (Cayman) has an average rating of “Sell”.

Cuprina Holdings (Cayman) Price Performance

The stock has a 50 day moving average price of $0.38.

Cuprina Holdings (Cayman) Company Profile

We are a Singapore-based biomedical and biotechnology company that is dedicated to the development and commercialization of innovative products for the management of chronic wounds, as well as operating in the health and beauty sectors. Our expertise in biomedical research allows us to identify and utilize materials derived from natural sources to develop wound care products in the form of medical devices which meet international standards. We believe we will be able to build upon and leverage such expertise to develop innovative cosmeceutical products in the future.