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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

Analysts at StockNews.com began coverage on shares of Global Cord Blood (NYSE:CO - Get Free Report) in a report released on Friday. The firm set a "strong-buy" rating on the medical research company's stock.

Global Cord Blood Trading Down 3.7%

NYSE CO traded down $0.04 on Friday, reaching $1.05. The stock had a trading volume of 3,949 shares, compared to its average volume of 216,519. The business has a 50 day moving average price of $0.95 and a 200 day moving average price of $1.09. Global Cord Blood has a 1 year low of $2.03 and a 1 year high of $5.50. The company has a market capitalization of $127.63 million, a price-to-earnings ratio of 1.64 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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