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Regencell Bioscience (NASDAQ:RGC) Shares Gap Up - Should You Buy?

Regencell Bioscience logo with Manufacturing background

Key Points

  • Regencell Bioscience's stock price gapped up to $15.48 before trading at $14.46 with a volume of 75,969 shares.
  • Several large investors acquired new stakes in Regencell Bioscience in the second quarter, including Geode Capital Management, which raised its holdings significantly by 5,637.5%.
  • Regencell focuses on the research and commercialization of Traditional Chinese medicine for treating neurocognitive disorders, primarily ADHD and autism.
  • MarketBeat previews top five stocks to own in October.

Regencell Bioscience Holdings Limited (NASDAQ:RGC - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $14.58, but opened at $15.48. Regencell Bioscience shares last traded at $14.46, with a volume of 75,969 shares traded.

Regencell Bioscience Trading Up 2.6%

The business's 50 day moving average price is $13.84.

Hedge Funds Weigh In On Regencell Bioscience

Several large investors have recently bought and sold shares of the business. Greenfield Savings Bank acquired a new stake in Regencell Bioscience in the second quarter worth $187,000. Y Intercept Hong Kong Ltd acquired a new stake in Regencell Bioscience in the second quarter worth $222,000. BNP Paribas Financial Markets acquired a new stake in Regencell Bioscience in the second quarter worth $768,000. Squarepoint Ops LLC acquired a new stake in Regencell Bioscience in the second quarter worth $1,701,000. Finally, Geode Capital Management LLC raised its holdings in Regencell Bioscience by 5,637.5% in the second quarter. Geode Capital Management LLC now owns 391,066 shares of the company's stock worth $6,664,000 after purchasing an additional 384,250 shares during the period. 0.13% of the stock is currently owned by institutional investors and hedge funds.

Regencell Bioscience Company Profile

(Get Free Report)

Regencell Bioscience Holdings Limited operates a Traditional Chinese medicine (TCM) bioscience company. It focuses on the research, development, and commercialization of TCM for the treatment of neurocognitive disorders and degeneration, primarily attention deficit hyperactivity disorder and autism spectrum disorder.

See Also

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