Regencell Bioscience (NASDAQ:RGC) Shares Gap Down – What’s Next?

Regencell Bioscience Holdings Limited (NASDAQ:RGCGet Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $41.42, but opened at $36.08. Regencell Bioscience shares last traded at $44.21, with a volume of 408,707 shares changing hands.

Trending Headlines about Regencell Bioscience

Here are the key news stories impacting Regencell Bioscience this week:

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Regencell Bioscience in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on RGC

Regencell Bioscience Stock Performance

The stock has a 50-day moving average price of $17.89 and a 200-day moving average price of $16.32.

Institutional Investors Weigh In On Regencell Bioscience

Institutional investors have recently modified their holdings of the company. Greenfield Savings Bank acquired a new stake in Regencell Bioscience during the second quarter worth approximately $187,000. Y Intercept Hong Kong Ltd acquired a new position in Regencell Bioscience in the second quarter valued at approximately $222,000. XTX Topco Ltd bought a new position in shares of Regencell Bioscience during the 3rd quarter worth approximately $598,000. BNP Paribas Financial Markets acquired a new stake in shares of Regencell Bioscience during the 2nd quarter worth approximately $768,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of Regencell Bioscience during the 2nd quarter worth approximately $1,701,000. 0.13% of the stock is owned by institutional investors.

About Regencell Bioscience

(Get Free Report)

Regencell Bioscience Holdings Limited operates a Traditional Chinese medicine (TCM) bioscience company. It focuses on the research, development, and commercialization of TCM for the treatment of neurocognitive disorders and degeneration, primarily attention deficit hyperactivity disorder and autism spectrum disorder. The company was incorporated in 2014 and is headquartered in Causeway Bay, Hong Kong.

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