Brainstorm Cell Therapeutics (NASDAQ:BCLI) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLIGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.68 and traded as high as $0.7050. Brainstorm Cell Therapeutics shares last traded at $0.6801, with a volume of 1,817 shares traded.

Brainstorm Cell Therapeutics Stock Performance

The company has a market cap of $7.50 million, a PE ratio of -0.20 and a beta of 0.22. The firm has a fifty day simple moving average of $0.80 and a 200 day simple moving average of $0.68.

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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