PPCB (NASDAQ:PPCB) Shares to Reverse Split on Monday, May 18th

Shares of PPCB (NASDAQ:PPCBFree Report) are scheduled to reverse split before the market opens on Monday, May 18th. The 1-25 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, May 17th.

PPCB Stock Performance

Shares of NASDAQ PPCB traded down $0.02 on Thursday, reaching $0.07. 3,387,197 shares of the company’s stock traded hands, compared to its average volume of 1,566,648. PPCB has a 12 month low of $0.07 and a 12 month high of $10.81. The company has a 50 day moving average of $0.11.

PPCB (NASDAQ:PPCBGet Free Report) last announced its earnings results on Thursday, May 14th. The company reported ($0.28) earnings per share for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of PPCB from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

View Our Latest Analysis on PPCB

About PPCB

(Get Free Report)

Propanc Biopharma, Inc is a healthcare company. It focuses on the development of cancer treatments for pancreatic, ovarian and colorectal cancer primarily in Australia. The Company’s products include PRP and PRP-DCM. Propanc Biopharma, Inc, formerly known as Propanc Health Group Corporation, is based in Camberwell, Australia.

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