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Maxim Group disclosed Cellular Biomedicine (UNKNOWN:CBMG), hiking its price target to $16.00 earlier today

Yesterday Cellular Biomedicine (UNKNOWN:CBMG) traded 0.35% higher at $14.33. The company’s 50-day moving average is $14.17 and its 200-day moving average is $15.40. The last stock close price is down -6.97% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 14,541 shares of the stock were exchanged, down from an average trading volume of 33,016

Reporting as possible upside of 0.12%, Maxim Group bumped up the target price of Cellular Biomedicine (UNKNOWN:CBMG) to $16.00

See Chart Below

Cellular Biomedicine (UNKNOWN:CBMG)

Cellular Biomedicine has a 52 week low of $10.44 and a 52 week high of $25.20 The company’s market cap is currently $0.

About Cellular Biomedicine (UNKNOWN:CBMG)

Cellular Biomedicine Group, Inc. (CBMG) is a biomedicine company. The Company is engaged in the development of treatments for cancerous and degenerative diseases utilizing cell-based technologies. The Company operates in Biomedicine Cell Therapy segment. The Company's technology includes platforms, such as Immune Cell therapy for treatment of broad range of cancers using Vaccine, T Cells Receptor (TCR) clonality analysis technology and T Central Memory Cell (Tcm) preparation methodologies, Chimeric Antigen Receptor T cell (CAR-T), and human adipose-derived mesenchymal progenitor cells (haMPC) for treatment of joint and autoimmune diseases, with primary research and manufacturing facilities in China. It is focused on developing and marketing cell-based therapies based on its cellular platforms, to treat serious chronic and degenerative diseases, such as cancer, orthopedic diseases, including osteoarthritis and tissue damage, various inflammatory diseases and metabolic diseases.

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