StockNews.com started coverage on shares of Global Cord Blood (NYSE:CO - Free Report) in a research report released on Friday morning. The firm issued a strong-buy rating on the medical research company's stock.
Global Cord Blood Trading Down 19.1 %
Shares of NYSE CO traded down $0.20 during midday trading on Friday, reaching $0.83. The company's stock had a trading volume of 7,313,225 shares, compared to its average volume of 216,519. Global Cord Blood has a one year low of $2.03 and a one year high of $5.50. The company has a market cap of $100.28 million, a price-to-earnings ratio of 1.29 and a beta of 0.16. The company has a 50 day moving average price of $1.00 and a 200 day moving average price of $1.28.
Global Cord Blood Company Profile
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Global Cord Blood operates as a holding company, which engages in the provision of cord blood banking services. It provides cord blood processing and storage service. The company also offers cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services. The firm preserves cord blood units donated by the public and provides matching services on such donated units and deliver matching units to patients in need of transplants.
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