StockNews.com started coverage on shares of Global Cord Blood (NYSE:CO - Free Report) in a research report released on Friday. The firm issued a strong-buy rating on the medical research company's stock.
Global Cord Blood Trading Up 20.0 %
Global Cord Blood stock traded up $0.20 during mid-day trading on Friday, hitting $1.20. The stock had a trading volume of 500 shares, compared to its average volume of 216,519. The stock has a market capitalization of $145.86 million, a PE ratio of 1.88 and a beta of 0.16. Global Cord Blood has a 12 month low of $2.03 and a 12 month high of $5.50. The stock has a 50-day simple moving average of $1.19 and a two-hundred day simple moving average of $1.38.
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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