Cynata Therapeutics (OTCMKTS:CYYNF) Shares Down 27.4% – Should You Sell?

Cynata Therapeutics Limited (OTCMKTS:CYYNFGet Free Report)’s share price dropped 27.4% during mid-day trading on Monday . The stock traded as low as $0.14 and last traded at $0.14. Approximately 3,300 shares changed hands during mid-day trading, an increase of 1,550% from the average daily volume of 200 shares. The stock had previously closed at $0.19.

Cynata Therapeutics Stock Down 27.4 %

The firm’s 50 day moving average price is $0.19 and its 200-day moving average price is $0.19.

About Cynata Therapeutics

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Cynata Therapeutics Limited, together with its subsidiaries, develops and commercializes proprietary induced pluripotent stem cell and mesenchymal stem cell technology under the Cymerus brand for human therapeutic use in Australia. The company's lead therapeutic product candidate is CYP-001, which has completed Phase I clinical trial for the treatment of graft versus host disease.

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