Analysts at StockNews.com initiated coverage on shares of Global Cord Blood (NYSE:CO - Get Free Report) in a research report issued on Tuesday. The brokerage set a "strong-buy" rating on the medical research company's stock.
Global Cord Blood Stock Performance
CO remained flat at $1.25 on Tuesday. The company had a trading volume of 1 shares, compared to its average volume of 216,519. The firm has a 50 day simple moving average of $1.57 and a 200 day simple moving average of $1.39. The company has a market capitalization of $151.94 million, a price-to-earnings ratio of 1.95 and a beta of 0.16. Global Cord Blood has a 52 week low of $2.03 and a 52 week high of $5.50.
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.
Further Reading
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