Orthocell (ASX:OCC) Stock Price Down 13.7%

Orthocell Limited (ASX:OCC)’s share price traded down 13.7% during trading on Thursday . The stock traded as low as A$0.41 ($0.29) and last traded at A$0.41 ($0.29), 6,541,784 shares changed hands during trading. The stock had previously closed at A$0.48 ($0.34).

The firm has a market capitalization of $68.68 million and a price-to-earnings ratio of -9.08. The business has a 50 day simple moving average of A$0.41.

Orthocell Company Profile (ASX:OCC)

Orthocell Limited, a regenerative medicine company, develops and commercializes cell therapies and related technologies for the repair and regeneration of human tendon, bone, nerve, and cartilage defects in Australia and Poland. The company's principal products include CelGro, a naturally derived collagen medical device for soft tissue repair that is under clinical trials for use as an augment to the surgical repair of tendons, peripheral nerves, bones, and articular cartilage; and Ortho-ATI, an autologous tenocyte implantation for chronic treatment resistant tendon injuries.

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