Orgenesis (NASDAQ:ORGS) Trading Up 490% – Here’s What Happened

Orgenesis Inc. (NASDAQ:ORGSGet Free Report)’s stock price traded up 490% on Monday . The company traded as high as $0.59 and last traded at $0.59. 100 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 959 shares. The stock had previously closed at $0.10.

Orgenesis Trading Up 490.0%

The company has a market capitalization of $3.05 million, a price-to-earnings ratio of -0.05 and a beta of 3.22. The firm’s 50 day simple moving average is $0.31 and its 200-day simple moving average is $0.39.

About Orgenesis

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Orgenesis, Inc is a cell and gene therapy company that develops and commercializes point-of-care manufacturing platforms for autologous and allogeneic therapies. The company offers an end-to-end solution that spans from R&D through clinical and commercial production, targeting applications in oncology, neurology, and various rare diseases. Orgenesis’ technology platforms are designed to streamline the complex processes involved in cell isolation, genetic modification, expansion and cryopreservation.

The company’s flagship offering is its automated Prodigy® platform, which integrates cell processing workflows into a closed, single-use system.

Further Reading

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