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

Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLIGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.64 and traded as high as $0.65. Brainstorm Cell Therapeutics shares last traded at $0.6233, with a volume of 12,095 shares changing hands.

Brainstorm Cell Therapeutics Price Performance

The business has a fifty day moving average of $0.58 and a 200 day moving average of $0.64. The stock has a market cap of $6.88 million, a PE ratio of -0.19 and a beta of 0.67.

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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