Humacyte (NASDAQ:HUMAW) Trading Up 6.9% – Here’s What Happened

Humacyte, Inc. (NASDAQ:HUMAWGet Free Report) shares shot up 6.9% during mid-day trading on Friday . The stock traded as high as $1.84 and last traded at $1.69. 10,292 shares traded hands during trading, a decline of 64% from the average session volume of 28,922 shares. The stock had previously closed at $1.58.

Humacyte Price Performance

The stock has a 50 day simple moving average of $1.84 and a 200 day simple moving average of $1.97.

About Humacyte

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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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