Cuprina Holdings (Cayman) (NASDAQ:CUPR) Stock Price Up 2.3% – Here’s Why

Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR)’s share price rose 2.3% during mid-day trading on Thursday . The stock traded as high as $0.3950 and last traded at $0.3850. Approximately 111,868 shares were traded during trading, an increase of 81% from the average daily volume of 61,940 shares. The stock had previously closed at $0.3763.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on shares of Cuprina Holdings (Cayman) in a research report on Monday, January 26th. They issued a “sell (e+)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Cuprina Holdings (Cayman) has an average rating of “Sell”.

Cuprina Holdings (Cayman) Stock Down 4.9%

About Cuprina Holdings (Cayman)

We are a Singapore-based biomedical and biotechnology company that is dedicated to the development and commercialization of innovative products for the management of chronic wounds, as well as operating in the health and beauty sectors. Our expertise in biomedical research allows us to identify and utilize materials derived from natural sources to develop wound care products in the form of medical devices which meet international standards. We believe we will be able to build upon and leverage such expertise to develop innovative cosmeceutical products in the future.