Humacyte (HUMAW) Expected to Announce Earnings on Monday

Humacyte (NASDAQ:HUMAWGet Free Report) is projected to post its results before the market opens on Monday, August 17th. Analysts expect the company to announce earnings of ($0.0980) per share and revenue of $1.1190 million for the quarter.

Humacyte Price Performance

HUMAW stock opened at $0.01 on Monday. Humacyte has a 1-year low of $0.00 and a 1-year high of $0.50. The business’s 50 day simple moving average is $0.02 and its 200 day simple moving average is $0.07.

About Humacyte

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Humacyte, Inc (NASDAQ:HUMAW) is a clinical-stage biotechnology company specializing in the development and manufacture of human acellular vessels (HAVs). These off-the-shelf, bioengineered vascular conduits are designed to serve as living implants for patients requiring vascular access, including those undergoing hemodialysis, as well as for peripheral artery disease and vascular trauma. Humacyte’s proprietary tissue-engineering platform leverages human vascular cells cultured on biodegradable scaffolds, which are subsequently decellularized to produce durable, non-immunogenic vessels that support natural tissue regeneration.

Founded in 2007 and headquartered in Durham, North Carolina, Humacyte has advanced its lead candidate, the HAV, through multiple clinical trials in the United States and Europe.

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