Jasper Therapeutics (NASDAQ:JSPRW) Trading 20% Higher – Should You Buy?

Shares of Jasper Therapeutics, Inc. (NASDAQ:JSPRWGet Free Report) rose 20% during trading on Wednesday . The company traded as high as $0.09 and last traded at $0.11. Approximately 1,000 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 7,706 shares. The stock had previously closed at $0.09.

Jasper Therapeutics Stock Performance

The firm’s 50 day moving average is $0.11 and its 200 day moving average is $0.12.

About Jasper Therapeutics

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Jasper Therapeutics, Inc, a clinical-stage biotechnology company, develops therapeutic agents for hematopoietic stem cell transplantation and gene therapies. The company's lead product candidate is briquilimab, which is in clinical development as a novel therapeutic antibody that clears hematopoietic stem cells from bone marrow in patients prior to undergoing allogeneic stem cell therapy or stem cell gene therapy.

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