CytoMed Therapeutics (NASDAQ:GDTC) Trading Down 0.9% – Should You Sell?

Shares of CytoMed Therapeutics Limited (NASDAQ:GDTC) traded down 0.9% during mid-day trading on Friday . The stock traded as low as $1.0102 and last traded at $1.06. 4,295 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 25,638 shares. The stock had previously closed at $1.07.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of CytoMed Therapeutics in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

CytoMed Therapeutics Price Performance

The firm has a 50-day simple moving average of $1.05 and a 200-day simple moving average of $1.62.

About CytoMed Therapeutics

CytoMed Therapeutics Limited, a pre-clinical biopharmaceutical company, focuses on developing novel cell-based immunotherapies for the treatment of human cancers and degenerative diseases in Malaysia and Singapore. Its lead product candidate is CTM-N2D, an expanded gamma delta T cells grafted with natural killer group 2D ligands-targeting chimeric antigen receptor, which is in Phase I clinical trials comprising to improve anti-cancer cytotoxicity. The company is also developing iPSC-gdNKT, a pluripotent stem cell-derived gamma delta natural killer T cells platform for cancer treatment; CTM-GDT, a product candidate that consists of expanded allogeneic gamma delta T cells and exploits the potential of the cells to recognize and treat a broad range of cancers; and CTM-MSC, an injectable allogeneic umbilical cord derived mesenchymal stem cells for cartilage injury.