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

Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLIGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.69 and traded as high as $0.83. Brainstorm Cell Therapeutics shares last traded at $0.8295, with a volume of 32,971 shares trading hands.

Brainstorm Cell Therapeutics Price Performance

The stock has a market capitalization of $9.15 million, a price-to-earnings ratio of -0.25 and a beta of 0.30. The firm’s fifty day moving average is $0.77 and its 200-day moving average is $0.69.

Brainstorm Cell Therapeutics Company Profile

(Get Free Report)

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).

Read More

Receive News & Ratings for Brainstorm Cell Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brainstorm Cell Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.