Shares of Cytek Biosciences Inc. (CTKB) Have Risen Above Previous 52-Week High

August 3, 2021 09:45:31

Shares of Cytek Biosciences Inc. (NASDAQ:CTKB) traded at a new 52-week high today of $26.50. This new high was reached on below average trading volume as 132,000 shares traded hands, while the average 30-day volume is approximately 196,000 shares.

In the past 52 weeks, shares of Cytek Biosciences Inc. have traded between a low of $17.40 and a high of $26.50 and is now at $26.00, which is 49% above that low price.

Cytek Biosciences Inc. (NASDAQ:CTKB) defies analysts with a current price ($26.00) 11.9% above its average consensus price target of $22.91.

Cytek Biosciences Inc is a cell analysis solutions company advancing the next generation of cell analysis tools by leveraging novel technical approaches. Its core instruments, the Aurora and Northern Lights systems, are the first full spectrum flow cytometers able to deliver high-resolution, high-content, and high-sensitivity cell analysis by utilizing the full spectrum of fluorescence signatures from multiple lasers to distinguish fluorescent tags on single cells.

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