Brainstorm Cell Therapeutics (NASDAQ:BCLI) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLIGet Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.68 and traded as high as $0.84. Brainstorm Cell Therapeutics shares last traded at $0.7842, with a volume of 993 shares trading hands.

Brainstorm Cell Therapeutics Stock Performance

The stock has a market capitalization of $8.65 million, a P/E ratio of -0.23 and a beta of 0.48. The firm’s 50-day simple moving average is $0.78 and its 200 day simple moving average is $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).

Further Reading

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