CytoMed Therapeutics (NASDAQ:GDTC) Trading Down 2.4% – Time to Sell?

CytoMed Therapeutics Limited (NASDAQ:GDTCGet Free Report) shares fell 2.4% during trading on Monday . The company traded as low as $2.43 and last traded at $2.65. Approximately 9,979 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 33,518 shares. The stock had previously closed at $2.72.

Wall Street Analyst Weigh In

Separately, Benchmark restated a “speculative buy” rating and set a $5.00 price objective on shares of CytoMed Therapeutics in a research report on Thursday, October 10th.

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CytoMed Therapeutics Stock Down 2.4 %

The company has a 50 day moving average price of $2.40 and a 200-day moving average price of $2.02.

About CytoMed Therapeutics

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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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