BioRestorative Therapies (OTCMKTS:BRTX) Stock Crosses Below 50 Day Moving Average – Here’s Why

BioRestorative Therapies, Inc. (OTCMKTS:BRTXGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.96 and traded as low as $1.55. BioRestorative Therapies shares last traded at $1.62, with a volume of 13,195 shares traded.

BioRestorative Therapies Price Performance

The firm has a 50-day moving average of $1.96 and a 200 day moving average of $1.71. The stock has a market capitalization of $11.21 million, a price-to-earnings ratio of -1.06 and a beta of 64.37.

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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