Cesca Therapeutics Inc (NASDAQ:KOOL) saw unusually-high trading volume on Tuesday . Approximately 1,194,661 shares changed hands during trading, an increase of 177% from the previous session’s volume of 431,234 shares.The stock last traded at $0.29 and had previously closed at $0.27.
Separately, Zacks Investment Research downgraded shares of Cesca Therapeutics from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 18th.
The company has a current ratio of 1.93, a quick ratio of 0.97 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $6.29 million, a PE ratio of -0.30 and a beta of -0.68.
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About Cesca Therapeutics (NASDAQ:KOOL)
Cesca Therapeutics Inc develops, commercializes, and markets a range of automated technologies and products for cell-based therapeutics in the United States, China, rest of Asia, Europe, and internationally. The company develops automated blood and bone marrow processing systems that enable the separation, processing, and preservation of cell and tissue therapy products.
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