Fibrocell Science Inc (NASDAQ:FCSC) shares saw an uptick in trading volume on Friday . 2,312,869 shares traded hands during trading, an increase of 88% from the previous session’s volume of 1,231,108 shares.The stock last traded at $0.75 and had previously closed at $0.69.
Several research firms have weighed in on FCSC. Zacks Investment Research upgraded Fibrocell Science from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. HC Wainwright upped their target price on Fibrocell Science from $5.70 to $7.60 and gave the stock a “buy” rating in a research note on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $5.21.
In other Fibrocell Science news, major shareholder Randal J. Kirk bought 2,727,273 shares of the business’s stock in a transaction on Monday, December 11th. The stock was purchased at an average cost of $0.77 per share, for a total transaction of $2,100,000.21. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.10% of the stock is owned by corporate insiders.
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Fibrocell Science Company Profile
Fibrocell Science, Inc is an autologous cell and gene therapy company. The Company is focused on discovering and developing localized therapies for diseases affecting the skin, connective tissue and joints. Its product candidate, azficel-T, is in development to treat patients suffering from vocal cord scarring that is either idiopathic or age-related.
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