Athersys (NASDAQ:ATHX) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Athersys, Inc. (NASDAQ:ATHXGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.0001. Athersys shares last traded at $0.00, with a volume of 266 shares trading hands.

Athersys Stock Down 100.0%

The stock has a market cap of $833,000.00, a PE ratio of -0.00 and a beta of -0.90.

Athersys Company Profile

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Athersys, Inc is a clinical-stage biotechnology company focused on the development and commercialization of novel regenerative medicine products. The company’s core technology platform, known as MultiStem, is an off-the-shelf, allogeneic cell therapy designed to modulate inflammation, promote tissue repair and support immune system balance. Athersys leverages its proprietary cell-culture processes and immunomodulatory capabilities to generate therapeutic candidates for a range of serious medical conditions.

MultiStem has been evaluated in multiple clinical studies targeting acute ischemic stroke, acute respiratory distress syndrome (ARDS) and inflammatory bowel disease, among other indications.

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