CARsgen Therapeutics (OTCMKTS:CRTHF) Shares Up 3.8% – Here’s Why

CARsgen Therapeutics Holdings Limited (OTCMKTS:CRTHF) shot up 3.8% during trading on Wednesday . The company traded as high as $2.14 and last traded at $2.0760. 4,500 shares changed hands during trading, an increase of 309% from the average daily volume of 1,100 shares. The stock had previously closed at $2.00.

CARsgen Therapeutics Stock Up 3.8%

The business’s fifty day simple moving average is $1.82 and its 200 day simple moving average is $1.69.

About CARsgen Therapeutics

CARsgen Therapeutics Holdings Limited, an investment holding company, engages in discovering, developing, and commercializing chimeric antigen receptor T (CAR-T) cell therapies for the treatment of hematological malignancies and solid tumors in China and the United States. The company is developing autologous CAR-T product candidates, including CT053, which targets B-cell maturation antigen that is in pivotal Phase II/III trial for the treatment of relapsed/refractory multiple myeloma; CT041, which targets Claudin 18.2, is in Phase II/III clinical trial for gastric/gastroesophageal junction cancer and pancreatic cancer, as well as in Phase I clinical trial for gastric or pancreatic cancer; CT011, which is in Phase I clinical trial for patients with Glypican-3 positive IIIa hepatocellular carcinoma (HCC); and CT071, that is in Phase I clinical trial which targets G protein-coupled receptor class C group 5 member D for the treatment of R/R MM and relapsed/refractory primary plasma cell leukemia (R/R pPCL).