CytoMed Therapeutics (NASDAQ:GDTC) Stock Price Down 13.7% – Here’s Why

CytoMed Therapeutics Limited (NASDAQ:GDTCGet Free Report) shares fell 13.7% during mid-day trading on Tuesday . The company traded as low as $2.77 and last traded at $2.96. 313,428 shares changed hands during trading, a decline of 89% from the average session volume of 2,783,089 shares. The stock had previously closed at $3.43.

Wall Street Analyst Weigh In

Separately, Benchmark reissued a “speculative buy” rating and issued a $5.00 price target on shares of CytoMed Therapeutics in a report on Thursday, October 10th.

View Our Latest Report on GDTC

CytoMed Therapeutics Price Performance

The company’s 50-day moving average price is $2.58 and its 200 day moving average price is $2.12.

About CytoMed Therapeutics

(Get Free Report)

CytoMed Therapeutics Limited, a pre-clinical biopharmaceutical company, focuses on developing novel cell-based immunotherapies for the treatment of human cancers and degenerative diseases in Malaysia and Singapore. Its lead product candidate is CTM-N2D, an expanded gamma delta T cells grafted with natural killer group 2D ligands-targeting chimeric antigen receptor, which is in Phase I clinical trials comprising to improve anti-cancer cytotoxicity.

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