Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLI – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Monday following a stronger than expected earnings report. The stock has a two hundred day moving average of $0.81 and traded as high as $1.16. Brainstorm Cell Therapeutics shares last traded at $1.0854, with a volume of 71,972 shares changing hands.
The biotechnology company reported ($0.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.06).
Brainstorm Cell Therapeutics Price Performance
The company has a market cap of $15.70 million, a PE ratio of -0.41 and a beta of 0.23. The stock’s 50-day moving average is $0.96 and its 200 day moving average is $0.81.
About Brainstorm Cell Therapeutics
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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