Mesoblast Limited (OTCMKTS:MEOBF – Get Free Report)’s share price traded down 8.8% during mid-day trading on Monday . The stock traded as low as $1.55 and last traded at $1.55. 2,000 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 2,486 shares. The stock had previously closed at $1.70.
Mesoblast Stock Down 8.8%
The firm has a fifty day simple moving average of $1.66 and a 200-day simple moving average of $1.61.
Mesoblast Company Profile
Mesoblast Limited (OTCMKTS:MEOBF) is a global leader in regenerative medicine focused on the development and commercialization of innovative allogeneic cell therapies. The company’s proprietary platform harnesses mesenchymal lineage adult stem cells to address a range of inflammatory and immunological conditions. Mesoblast’s pipeline includes multiple late-stage and marketed products that target serious diseases with high unmet medical needs.
The company’s lead product, remestemcel-L (Ryvicor/Ryoncil), is under development for the treatment of steroid-refractory acute graft versus host disease in pediatric patients and has received conditional approval for certain indications in Japan.
Read More
- Five stocks we like better than Mesoblast
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Receive News & Ratings for Mesoblast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mesoblast and related companies with MarketBeat.com's FREE daily email newsletter.
