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Cytosorbents Corp (NASDAQ:CTSO) Director Al Kraus sold 50,000 shares of Cytosorbents Corp stock on the open market in a transaction dated Monday, August 4th. The stock was sold at an average price of $0.24, for a total value of $12,000.00. Following the completion of the transaction, the director now directly owns 1,393,631 shares of the company’s stock, valued at approximately $334,471. The transaction was disclosed in a filing with the SEC, which is available at this link.

Cytosorbents Corp (NASDAQ:CTSO) traded up 2.30% on Tuesday, hitting $0.245. 245,530 shares of the company’s stock traded hands. Cytosorbents Corp has a 1-year low of $0.08 and a 1-year high of $0.35. The stock has a 50-day moving average of $0.24 and a 200-day moving average of $0.24. The company’s market cap is $73.3 million.

Separately, analysts at Zacks reiterated an “outperform” rating on shares of Cytosorbents Corp in a research note on Friday, May 16th. They now have a $0.50 price target on the stock.

CytoSorbents Corporation is a development stage critical care focused company using blood purification to treat life-threatening illnesses.

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