Humacyte (NASDAQ:HUMAW) Trading Up 4.4% – Still a Buy?

Humacyte, Inc. (NASDAQ:HUMAWGet Free Report)’s stock price was up 4.4% on Thursday . The stock traded as high as $1.92 and last traded at $1.92. Approximately 9,470 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 30,220 shares. The stock had previously closed at $1.84.

Humacyte Stock Up 3.7 %

The company’s 50 day moving average price is $1.85 and its two-hundred day moving average price is $1.84.

About Humacyte

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Humacyte, Inc engages in the development and manufacture of off-the-shelf, implantable, and bioengineered human tissues for the treatment of diseases and conditions across a range of anatomic locations in multiple therapeutic areas. The company using its proprietary and scientific technology platform to engineer and manufacture human acellular vessels (HAVs) to be implanted into patient without inducing a foreign body response or leading to immune rejection.

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