Shares of Global Cord Blood Co. (NYSE:CO) gapped up prior to trading on Wednesday . The stock had previously closed at $4.63, but opened at $4.78. Global Cord Blood shares last traded at $4.80, with a volume of 1,132 shares traded.
The stock’s 50-day simple moving average is $4.94 and its 200-day simple moving average is $5.04. The firm has a market capitalization of $583.44 million, a P/E ratio of 7.23 and a beta of 0.40.
Global Cord Blood (NYSE:CO) last announced its quarterly earnings results on Monday, June 28th. The medical research company reported $0.16 EPS for the quarter. Global Cord Blood had a net margin of 42.87% and a return on equity of 11.81%. The company had revenue of $46.14 million for the quarter.
Global Cord Blood Company Profile (NYSE:CO)
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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