Humacyte (NASDAQ:HUMAW) Trading Down 1.7% – Time to Sell?

Shares of Humacyte, Inc. (NASDAQ:HUMAWGet Free Report) traded down 1.7% during mid-day trading on Tuesday . The company traded as low as $1.58 and last traded at $1.76. 20,514 shares were traded during trading, a decline of 16% from the average session volume of 24,454 shares. The stock had previously closed at $1.79.

Humacyte Stock Performance

The stock has a 50-day simple moving average of $1.70 and a 200-day simple moving average of $1.96.

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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