Investment analysts at StockNews.com started coverage on shares of Global Cord Blood (NYSE:CO - Get Free Report) in a note issued to investors on Wednesday. The brokerage set a "strong-buy" rating on the medical research company's stock.
Global Cord Blood Price Performance
Shares of CO stock remained flat at $1.05 during trading hours on Wednesday. The stock had a trading volume of 100 shares, compared to its average volume of 216,519. The company has a market capitalization of $127.63 million, a PE ratio of 1.64 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 business's 50 day moving average is $0.92 and its two-hundred day moving average is $1.11.
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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