Zacks Investment Research cut shares of Oxford Biomedica (NASDAQ:OXBDF) from a buy rating to a hold rating in a research note published on Wednesday.

According to Zacks, “Oxford BioMedica Plc is a gene and cell therapy company which focused on developing life changing treatments for serious diseases. Oxford BioMedica Plc is headquartered in Oxford, the United Kingdom. “

Shares of Oxford Biomedica (NASDAQ OXBDF) opened at 0.117 on Wednesday. Oxford Biomedica has a 12-month low of $0.04 and a 12-month high of $0.15. The company’s 50 day moving average is $0.12 and its 200 day moving average is $0.12. The company’s market capitalization is $361.33 million.

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About Oxford Biomedica

Oxford BioMedica plc, a biopharmaceutical company, researches, develops, and produces gene and cell therapy products for the treatment of ocular, neurodegenerative, and cancer diseases in Europe and rest of world. The company operates through Partnering and R&D segments. Its LentiVector platform technology integrates genes into non-dividing cells in the brain and the eye, as well as accommodates multiple therapeutic genes.

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