CARsgen Therapeutics (OTCMKTS:CRTHF) Shares Down 16.7% – Here’s What Happened

CARsgen Therapeutics Holdings Limited (OTCMKTS:CRTHF – Get Free Report) shares traded down 16.7% during trading on Wednesday. The company traded as low as $1.35 and last traded at $1.35. Approximately 2,300 shares changed hands during trading, a decline of 10% from the average daily volume of 2,544 shares. The stock had previously closed at $1.62.

CARsgen Therapeutics Price Performance

The company has a fifty day moving average price of $1.61 and a two-hundred day moving average price of $1.74.

About CARsgen Therapeutics

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CARsgen Therapeutics is a biotechnology company focused on developing cell therapies for cancer, particularly chimeric antigen receptor (CAR) T-cell treatments. Founded in 2014, the company conducts research and development and has operations in China and the United States. Its lead therapy, zevor-cel (CT053), is an autologous CAR T-cell treatment targeting BCMA for relapsed or refractory multiple myeloma. It received approval in China in 2024. CARsgen is also developing candidates for solid tumors, including CT041, which targets CLDN18.2. Founder Zonghai Li leads the company as chairman and chief executive officer.

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