Shares of Global Cord Blood Co. (NYSE:CO – Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 14,458 shares traded.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on Global Cord Blood in a report on Tuesday. They issued a “strong-buy” rating for the company.
Read Our Latest Research Report on CO
Global Cord Blood Stock Performance
About Global Cord Blood
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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