Brainstorm Cell Therapeutics (NASDAQ:BCLI) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLIGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.71 and traded as high as $0.9746. Brainstorm Cell Therapeutics shares last traded at $0.93, with a volume of 3,838 shares trading hands.

Brainstorm Cell Therapeutics Price Performance

The company’s 50 day simple moving average is $0.77 and its 200 day simple moving average is $0.71. The company has a market capitalization of $10.26 million, a PE ratio of -0.28 and a beta of 0.30.

Brainstorm Cell Therapeutics Company Profile

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BrainStorm Cell Therapeutics Inc (NASDAQ: BCLI) is a clinical‐stage biotechnology company focused on developing autologous cell therapies for the treatment of neurodegenerative diseases. The company’s proprietary platform leverages mesenchymal stem cells (MSCs) that are engineered to secrete neurotrophic and growth factors designed to support neuronal survival and function.

The company’s lead product candidate, NurOwn, is an autologous MSC therapy currently in advanced clinical development for amyotrophic lateral sclerosis (ALS).

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