Humacyte (NASDAQ:HUMAW) Trading Up 4.4% – Here’s Why

Humacyte, Inc. (NASDAQ:HUMAWGet Free Report)’s stock price was up 4.4% on Thursday . The company traded as high as $1.92 and last traded at $1.92. Approximately 9,470 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 30,220 shares. The stock had previously closed at $1.84.

Humacyte Stock Performance

The firm’s 50 day moving average is $1.86 and its 200-day moving average is $1.83.

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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