Frequency Therapeutics, Inc. (NASDAQ:FREQ – Get Free Report)’s stock price fell 9.4% during mid-day trading on Monday . The stock traded as low as $0.37 and last traded at $0.38. 140,223 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 953,900 shares. The stock had previously closed at $0.42.
Frequency Therapeutics Stock Down 9.4 %
The firm’s 50-day moving average is $0.54 and its 200-day moving average is $0.46. The company has a market capitalization of $14.02 million, a PE ratio of -0.20 and a beta of 0.70.
Frequency Therapeutics (NASDAQ:FREQ – Get Free Report) last posted its quarterly earnings results on Thursday, August 10th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.44) by $0.14. As a group, equities research analysts predict that Frequency Therapeutics, Inc. will post -1.7 EPS for the current year.
Institutional Trading of Frequency Therapeutics
About Frequency Therapeutics
Frequency Therapeutics, Inc, a clinical-stage biotechnology company, focuses on developing therapeutics to activate a person's innate regenerative potential to restore function. Its Progenitor Cell Activation approach uses small molecules to activate progenitor cells within the body to create functional tissue.
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