Investment analysts at StockNews.com assumed coverage on shares of Global Cord Blood (NYSE:CO - Get Free Report) in a research note issued to investors on Saturday. The brokerage set a "strong-buy" rating on the medical research company's stock.
Global Cord Blood Price Performance
CO stock remained flat at $1.05 during midday trading on Friday. Global Cord Blood has a twelve month low of $2.03 and a twelve month high of $5.50. The company's 50 day simple moving average is $0.95 and its 200-day simple moving average is $1.07. The stock has a market cap of $127.63 million, a P/E ratio of 1.64 and a beta of 0.16.
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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