Global Cord Blood Co. (NYSE:CO - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.40 and traded as high as $1.50. Global Cord Blood shares last traded at $1.50, with a volume of 21,233 shares.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on shares of Global Cord Blood in a research report on Wednesday. They set a "strong-buy" rating for the company.
View Our Latest Analysis on CO
Global Cord Blood Price Performance
The company's 50-day moving average price is $1.31 and its two-hundred day moving average price is $1.40. The company has a market capitalization of $182.33 million, a price-to-earnings ratio of 2.34 and a beta of 0.16.
About Global Cord Blood
(
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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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