Global Cord Blood (NYSE:CO) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Global Cord Blood Co. (NYSE:COGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.97 and traded as high as $1.10. Global Cord Blood shares last traded at $1.10, with a volume of 17,555 shares traded.

Global Cord Blood Price Performance

The company has a market cap of $133.71 million, a price-to-earnings ratio of 1.72 and a beta of 0.16. The firm has a 50 day simple moving average of $0.83 and a 200-day simple moving average of $0.97.

About Global Cord Blood

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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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