Brainstorm Cell Therapeutics (NASDAQ:BCLI) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLIGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.88 and traded as high as $1.08. Brainstorm Cell Therapeutics shares last traded at $1.08, with a volume of 42,883 shares.

Brainstorm Cell Therapeutics Price Performance

The firm has a market cap of $12.29 million, a price-to-earnings ratio of -0.32 and a beta of 0.28. The stock has a 50-day moving average price of $1.00 and a 200 day moving average price of $0.88.

Brainstorm Cell Therapeutics (NASDAQ:BCLIGet Free Report) last released its quarterly earnings results on Friday, August 14th. The biotechnology company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.06). As a group, equities research analysts predict that Brainstorm Cell Therapeutics Inc. will post -3.01 earnings per share for the current year.

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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