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Genenta Science (NASDAQ:GNTA) Earns "Sell (E+)" Rating from Weiss Ratings

Genenta Science logo with Medical background

Genenta Science (NASDAQ:GNTA - Get Free Report)'s stock had its "sell (e+)" rating reaffirmed by research analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Genenta Science Trading Up 0.5%

Genenta Science stock opened at $3.18 on Wednesday. Genenta Science has a 52-week low of $2.56 and a 52-week high of $7.28. The company's 50 day moving average is $3.40 and its two-hundred day moving average is $3.73.

Institutional Investors Weigh In On Genenta Science

A number of large investors have recently modified their holdings of the company. Allianz SE increased its position in shares of Genenta Science by 126.2% in the 1st quarter. Allianz SE now owns 233,550 shares of the company's stock valued at $927,000 after purchasing an additional 130,300 shares during the last quarter. Algebris UK Ltd increased its position in shares of Genenta Science by 122.2% in the 1st quarter. Algebris UK Ltd now owns 100,000 shares of the company's stock valued at $368,000 after purchasing an additional 55,000 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of Genenta Science in the 4th quarter valued at approximately $46,000. 15.13% of the stock is owned by hedge funds and other institutional investors.

Genenta Science Company Profile

(Get Free Report)

Genenta Science S.p.A., a clinical-stage biotechnology company, engages in the development of hematopoietic stem cell gene therapies for the treatment of solid tumors in Italy. Its lead product candidate is Temferon, which is in Phase 1/2a clinical trials for use in the treatment of glioblastoma multiforme in patients with unmethylated MGMT gene promoter.

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