BioRestorative Therapies (OTCMKTS:BRTX) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

by · The Markets Daily

BioRestorative Therapies, Inc. (OTCMKTS:BRTX – Get Free Report)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.97 and traded as low as $1.75. BioRestorative Therapies shares last traded at $1.78, with a volume of 28,018 shares.

BioRestorative Therapies Stock Up 3.9 %

The firm has a market capitalization of $12.80 million, a price-to-earnings ratio of -1.59 and a beta of 64.37. The company has a 50-day moving average price of $1.96 and a 200-day moving average price of $1.73.

BioRestorative Therapies Company Profile

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BioRestorative Therapies, Inc engages in the development of therapeutic products and medical therapies using cell and tissue protocols. Its programs provide quality of care for chronic back pain caused by disc degeneration and metabolic disorders, including obesity and diabetes. The company’s initial investigational therapeutic product being called BRTX-100 focuses on treating damage by an autologous stem cell product that uses own stem cells that are harvested, cultured, and then injected directly into the affected disc to start the repair process.

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