CytoMed Therapeutics (NASDAQ:GDTC) Trading 2.7% Higher – Still a Buy?

CytoMed Therapeutics Limited (NASDAQ:GDTCGet Free Report) shot up 2.7% during mid-day trading on Friday . The stock traded as high as $2.35 and last traded at $2.26. 2,686 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 33,735 shares. The stock had previously closed at $2.20.

Wall Street Analyst Weigh In

Separately, Benchmark reiterated a “speculative buy” rating and issued a $5.00 target price on shares of CytoMed Therapeutics in a report on Thursday, October 10th.

Check Out Our Latest Stock Analysis on GDTC

CytoMed Therapeutics Stock Performance

The company’s 50-day simple moving average is $2.09 and its 200 day simple moving average is $1.96.

About CytoMed Therapeutics

(Get Free Report)

CytoMed Therapeutics Limited, a pre-clinical biopharmaceutical company, focuses on developing novel cell-based immunotherapies for the treatment of human cancers and degenerative diseases in Malaysia and Singapore. Its lead product candidate is CTM-N2D, an expanded gamma delta T cells grafted with natural killer group 2D ligands-targeting chimeric antigen receptor, which is in Phase I clinical trials comprising to improve anti-cancer cytotoxicity.

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