Global Cord Blood Corp (NYSE:CO) saw a significant decline in short interest during the month of November. As of November 29th, there was short interest totalling 49,800 shares, a decline of 11.1% from the November 14th total of 56,000 shares. Based on an average daily trading volume, of 98,100 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short.
Shares of NYSE CO traded up $0.05 during mid-day trading on Friday, reaching $4.57. 53,255 shares of the company traded hands, compared to its average volume of 65,655. Global Cord Blood has a fifty-two week low of $4.14 and a fifty-two week high of $7.73. The firm has a market cap of $549.41 million, a PE ratio of 10.04 and a beta of 0.15. The stock has a fifty day simple moving average of $4.75 and a 200-day simple moving average of $5.26.
Global Cord Blood (NYSE:CO) last posted its quarterly earnings data on Tuesday, November 26th. The medical research company reported $0.14 EPS for the quarter. Global Cord Blood had a net margin of 34.86% and a return on equity of 10.88%. The business had revenue of $43.86 million for the quarter.
A number of research firms have recently weighed in on CO. TheStreet cut Global Cord Blood from a “b-” rating to a “c+” rating in a report on Wednesday, September 4th. ValuEngine upgraded shares of Global Cord Blood from a “hold” rating to a “buy” rating in a research note on Saturday, October 5th.
About Global Cord Blood
Global Cord Blood Corporation, together with its subsidiaries, provides umbilical cord blood storage and ancillary services in the People's Republic of China. The company offers cord blood testing, processing, and storage services under the direction of subscribers; and tests, processes, and stores donated cord blood, as well as provides matching services.
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