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Genenta Science (NASDAQ:GNTA) Stock Price Down 4.9% - What's Next?

Genenta Science logo with Medical background

Shares of Genenta Science S.p.A. (NASDAQ:GNTA - Get Free Report) were down 4.9% during mid-day trading on Wednesday . The company traded as low as $4.44 and last traded at $4.70. Approximately 8,527 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 10,173 shares. The stock had previously closed at $4.94.

Analyst Ratings Changes

Separately, HC Wainwright reissued a "buy" rating and set a $25.00 price target on shares of Genenta Science in a research report on Wednesday, October 2nd.

Read Our Latest Stock Report on Genenta Science

Genenta Science Stock Performance

The firm has a 50 day simple moving average of $4.82 and a 200 day simple moving average of $4.09.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Genenta Science stock. AlTi Global Inc. bought a new stake in shares of Genenta Science S.p.A. (NASDAQ:GNTA - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 200,288 shares of the company's stock, valued at approximately $621,000. AlTi Global Inc. owned about 1.10% of Genenta Science at the end of the most recent quarter. Institutional investors and hedge funds own 15.13% of the company's stock.

About Genenta Science

(Get Free Report)

Genenta Science S.p.A., a clinical-stage biotechnology company, engages in the development of hematopoietic stem cell gene therapies for the treatment of solid tumors in Italy. Its lead product candidate is Temferon, which is in Phase 1/2a clinical trials for use in the treatment of glioblastoma multiforme in patients with unmethylated MGMT gene promoter.

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