Zacks Investment Research Downgrades COLLPLANT HOLDI/S (CLGN) to Hold

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COLLPLANT HOLDI/S (NASDAQ:CLGN) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Monday, Zacks.com reports.

According to Zacks, “Collplant holdings Ltd is a regenerative medicine company focused on 3D bioprinting of tissues and organs. It involved in developing and commercializing tissue repair products for orthobiologics, and advanced wound care markets. It product pipeline include rhCollagen BioInk product line is ideal for 3D bioprinting of tissues and organs, Vergenix line of rhCollagen products includes a soft tissue repair matrix for treating tendinopathy and a wound repair matrix to promote a rapid optimal healing of acute and chronic wounds. Collplant holdings Ltd is based in NESS-ZIONA, Israel. “

CLGN traded down $0.04 on Monday, reaching $5.32. The company had a trading volume of 2,024 shares, compared to its average volume of 5,125. The stock has a market cap of $20.30 million, a PE ratio of -9.67 and a beta of 2.32. COLLPLANT HOLDI/S has a 1 year low of $3.13 and a 1 year high of $8.73.

About COLLPLANT HOLDI/S

CollPlant Holdings Ltd., a regenerative medicine company, focuses on developing and commercializing tissue repair products for three-dimensional (3D) bio-printing of tissues and organs, dermal fillers for aesthetics, orthobiologics, and advanced wound care markets in the United States, Canada, and Europe.

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