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

BioRestorative Therapies, Inc. (OTCMKTS:BRTX) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.09 and traded as low as $0.2194. BioRestorative Therapies shares last traded at $0.2455, with a volume of 13,598,275 shares changing hands.

BioRestorative Therapies Trading Up 16.1%

The firm has a market capitalization of $2.53 million, a price-to-earnings ratio of -0.19 and a beta of 0.39. The stock’s 50-day moving average is $1.08 and its 200-day moving average is $1.33.

BioRestorative Therapies Company Profile

BioRestorative Therapies, Inc (OTCMKTS:BRTX) is a clinical-stage biotechnology company dedicated to developing regenerative medicine therapies for urological, orthopedic and rehabilitative indications. The company’s research focuses on autologous and allogeneic cell therapy platforms designed to repair, regenerate and restore normal tissue function through targeted cell delivery and expansion technologies.

Among its lead programs is BRTX-100, an investigational autologous muscle cell therapy aimed at treating stress urinary incontinence, which is advancing through late-stage clinical studies.