Humacyte (NASDAQ:HUMAW) Trading Down 1.7% – Here’s Why

Humacyte, Inc. (NASDAQ:HUMAWGet Free Report) shares dropped 1.7% during trading on Tuesday . The company traded as low as $1.58 and last traded at $1.76. Approximately 20,514 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 24,454 shares. The stock had previously closed at $1.79.

Humacyte Stock Down 1.7 %

The business has a fifty day moving average of $1.70 and a 200 day moving average of $1.96.

Humacyte Company Profile

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Humacyte, Inc engages in the development and manufacture of off-the-shelf, implantable, and bioengineered human tissues for the treatment of diseases and conditions across a range of anatomic locations in multiple therapeutic areas. The company using its proprietary and scientific technology platform to engineer and manufacture human acellular vessels (HAVs) to be implanted into patient without inducing a foreign body response or leading to immune rejection.

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