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Global Cord Blood (NYSE:CO) Earns Strong-Buy Rating from Analysts at StockNews.com

Global Cord Blood logo with Medical background
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Equities research analysts at StockNews.com assumed coverage on shares of Global Cord Blood (NYSE:CO - Get Free Report) in a research report issued on Thursday. The firm set a "strong-buy" rating on the medical research company's stock.

Global Cord Blood Stock Performance

Shares of NYSE:CO remained flat at $1.02 on Thursday. Global Cord Blood has a 1-year low of $2.03 and a 1-year high of $5.50. The company's 50-day simple moving average is $1.03 and its 200 day simple moving average is $1.29. The company has a market cap of $123.98 million, a PE ratio of 1.59 and a beta of 0.16.

Global Cord Blood Company Profile

(Get Free Report)

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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