H-CYTE (OTCMKTS:HCYTD) Shares Down 49.5% – Here’s What Happened

Shares of H-CYTE, Inc. (OTCMKTS:HCYTD) dropped 49.5% during trading on Tuesday . The company traded as low as $2.02 and last traded at $2.02. Approximately 400 shares were traded during mid-day trading, an increase of 288% from the average daily volume of 103 shares. The stock had previously closed at $4.00.

H-CYTE Stock Down 49.5%

The business has a fifty day moving average of $2.02 and a 200-day moving average of $2.02.

About H-CYTE

H-CYTE, Inc, a biopharmaceutical company, develops and delivers various treatments for patients with chronic respiratory and pulmonary disorders in the United States. The company develops and implements treatment options in autologous cellular therapy to treat chronic lung disorders. It has a product supply agreement with Rion, LLC to develop and distribute a biologic for chronic obstructive pulmonary disease. The company is headquartered in Tampa, Florida.