Brainstorm Cell Therapeutics (NASDAQ:BCLI) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLIGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.79 and traded as high as $0.92. Brainstorm Cell Therapeutics shares last traded at $0.90, with a volume of 7,113 shares trading hands.

Brainstorm Cell Therapeutics Stock Down 2.0%

The stock’s fifty day moving average price is $0.92 and its two-hundred day moving average price is $0.79. The company has a market capitalization of $10.01 million, a PE ratio of -0.27 and a beta of 0.23.

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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