November 25, 2016 - By Ruchi Gupta
Interested investors have been looking for information on shares of CRYO-CELL INTERNATIONAL INCORPORATED (OTCMKTS:CCEL) after the stock moved $0.15, hitting the $4.35 price point in a recent trade.
It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, CRYO-CELL INTERNATIONAL INCORPORATED’s stock was 11.00%. According to the short interest report published recently, (CCEL) had 100 shorted shares for 0.1 days to cover. The prior short interest was 100 for a $N/A change. The 52-Week High and Low are noted here. 0.00% (High), 70.59%, (Low). The stock had 1,500 average volume.
Enroll for Our Newsletter Today and know if shares price of CRYO-CELL INTERNATIONAL INCORPORATED (OTCMKTS:CCEL) is Ready to Breakout!
Penny stocks are often stated as risky investments that hardly pay off. Admittedly, there is fact to this, but with the right knowledge and tactics, it is possible to earn a significant amount of gain in penny stocks. Simply said, a penny stock is an equity that trades at a low price.
Irrespective of the name, penny stocks usually are priced over a penny, occupying a price range at or close to $1, though some are priced a fraction of a penny. Often referred to as micro-cap equities, the Securities & Exchange Commission classifies these types of securities as being $5 or less. Over-the-counter stocks are NOT listed on any of the formal exchanges.
So, penny stocks frequently fit in this segment, though many dodge this category. Over-the-counter (OTC) equities are stated to be risky as they aren’t contingent to the listing and reporting requirements of the reputed commodity exchanges.
Register in the Bar Below to Obtain Breaking Alerts on Shares That Are Set to Make a Move!
Penny shares can be listed on NASDAQ or other known stock exchanges, although many more cannot be found there. A major percentage of penny stocks are listed on the so-named ‘pink sheets’, i.e., daily news of OTC shares. They can even be seen on the ‘Over-the-Counter Bulletin Board.’ Commodities listed on the OTCBB fail to fulfill the listing guidelines of the NYSE or other known exchanges, although they are mandated to file financial statements with known regulators, such as the SEC. Penny shares are inexpensive, thus attractive to shareholders who lack the funds to buy comparatively expensive blue-chip stocks from large firms.
Penny stocks boast immense profit potential. Because these stocks trade cheap, even a slight jump in price turns to be profitable. Look out, however, because frequently shareholders may have trouble getting a decent amount of details about penny stocks. These kinds of shares tend to be latest in news, with almost no track record for investors research.
In addition, penny stocks show lack of market activity, with poor liquidity, making them difficult to sell. Poor liquidity results in penny stocks to be open to price influence.
A shady trader can simply buy large sums of shares, temporarily leading up the price, crafting artificial demand.
Disclaimer: Nothing mentioned in this publication is planned to constitute legal, securities, tax, or investment advice, nor a viewpoint regarding the relevance of any investment, nor any type of solicitation. The general information mentioned in this article should not be acted upon without getting specific tax, legal and investment advice from a certified professional.
More notable recent CRYO-CELL International, Inc. (OTCMKTS:CCEL) news were published by: Bizjournals.com which released: “Cryo-Cell International files suit, suggests takeover of rival firm” on April 03, 2015, also Businesswire.com with their article: “IMPORTANT INVESTOR NOTICE: Lundin Law PC Announces Investigation of Cryo-Cell …” published on June 28, 2016, Globenewswire.com published: “Cryo-Cell, Cord Blood Banking Company, Announces Final Results of Its Tender Offer” on July 30, 2015. More interesting news about CRYO-CELL International, Inc. (OTCMKTS:CCEL) were released by: Globenewswire.com and their article: “Cryo-Cell Reports Fiscal Third Quarter 2016 Results” published on October 18, 2016 as well as Globenewswire.com‘s news article titled: “Cord Blood Banking Leader Cryo-Cell Reports Fiscal First Quarter 2016 …” with publication date: April 14, 2016.
Cryo-Cell International, Inc. is engaged in cellular processing and cryogenic storage. The company has a market cap of $30.62 million. The Company’s divisions include cellular processing and cryogenic storage, with a focus on the collection and preservation of umbilical cord blood and tissue stem cells for family use and the manufacture of Prepacyte CB units, the processing technology used to process umbilical cord blood stem cells. It currently has negative earnings. The Company, in combination with its global affiliates, stores over 300,000 cord blood and cord tissue specimens around the world.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Ruchi Gupta