Orgenesis (NASDAQ:ORGS) Stock Price Up 300% – Time to Buy?

Orgenesis Inc. (NASDAQ:ORGSGet Free Report) shares rose 300% during mid-day trading on Thursday . The stock traded as high as $0.60 and last traded at $0.60. Approximately 100 shares traded hands during trading, a decline of 84% from the average daily volume of 636 shares. The stock had previously closed at $0.15.

Orgenesis Stock Performance

The stock’s fifty day moving average is $0.28 and its two-hundred day moving average is $0.41. The firm has a market cap of $3.10 million, a price-to-earnings ratio of -0.08 and a beta of 3.44.

Orgenesis Company Profile

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Orgenesis, Inc is a cell and gene therapy company that develops and commercializes point-of-care manufacturing platforms for autologous and allogeneic therapies. The company offers an end-to-end solution that spans from R&D through clinical and commercial production, targeting applications in oncology, neurology, and various rare diseases. Orgenesis’ technology platforms are designed to streamline the complex processes involved in cell isolation, genetic modification, expansion and cryopreservation.

The company’s flagship offering is its automated Prodigy® platform, which integrates cell processing workflows into a closed, single-use system.

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