Global Cord Blood (NYSE:CO) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Global Cord Blood (NYSE:CO) in a report released on Sunday. The brokerage issued a strong-buy rating on the medical research company’s stock.

Global Cord Blood Price Performance

Global Cord Blood stock opened at $1.20 on Friday. The business has a 50 day moving average of $1.23 and a 200-day moving average of $1.36. Global Cord Blood has a 1 year low of $2.03 and a 1 year high of $5.50. The company has a market capitalization of $145.86 million, a P/E ratio of 1.88 and a beta of 0.16.

Global Cord Blood Company Profile

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.