Brainstorm Cell Therapeutics (NASDAQ:BCLI) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLIGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.76 and traded as high as $0.98. Brainstorm Cell Therapeutics shares last traded at $0.9727, with a volume of 22,429 shares trading hands.

Brainstorm Cell Therapeutics Price Performance

The stock has a market cap of $10.73 million, a price-to-earnings ratio of -0.29 and a beta of 0.23. The company’s fifty day moving average price is $0.87 and its 200-day moving average price is $0.76.

About Brainstorm Cell Therapeutics

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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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