CytoMed Therapeutics’ (GDTC) Speculative Buy Rating Reiterated at Benchmark

CytoMed Therapeutics (NASDAQ:GDTCGet Free Report)‘s stock had its “speculative buy” rating restated by analysts at Benchmark in a note issued to investors on Tuesday, Benzinga reports. They currently have a $5.00 price objective on the stock. Benchmark’s target price would suggest a potential upside of 150.04% from the stock’s current price.

CytoMed Therapeutics Stock Up 2.5 %

GDTC stock opened at $2.00 on Tuesday. The firm has a 50 day moving average price of $2.09 and a 200-day moving average price of $2.82. CytoMed Therapeutics has a 52-week low of $1.92 and a 52-week high of $9.25. The company has a current ratio of 14.09, a quick ratio of 14.09 and a debt-to-equity ratio of 0.04.

About CytoMed Therapeutics

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CytoMed Therapeutics Limited, a pre-clinical biopharmaceutical company, focuses on developing novel cell-based immunotherapies for the treatment of human cancers in Malaysia and Singapore. Its lead product candidate is CTM-N2D, which is in Phase I clinical trials comprising expanded gamma delta T cells grafted with natural killer group 2D ligands-targeting chimeric antigen receptor to improve anti-cancer cytotoxicity.

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