BrainStorm Cell Therapeutics Inc. (BCLI) Stock Price Down 3.4%
BrainStorm Cell Therapeutics Inc. (NASDAQ:BCLI)’s share price was down 3.4% during trading on Wednesday . The stock traded as low as $2.51 and last traded at $2.52, with a volume of 67,707 shares changing hands. The stock had previously closed at $2.61.
Separately, Maxim Group restated a “buy” rating and set a $5.00 price target on shares of BrainStorm Cell Therapeutics in a report on Wednesday, May 11th.
The stock has a 50 day moving average price of $2.51 and a 200 day moving average price of $2.40. The firm’s market capitalization is $47.57 million.
BrainStorm Cell Therapeutics (NASDAQ:BCLI) last announced its quarterly earnings data on Tuesday, May 10th. The biotechnology company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.15. On average, equities analysts anticipate that BrainStorm Cell Therapeutics Inc. will post ($0.58) EPS for the current fiscal year.
Brainstorm Cell Therapeutics Inc is a biotechnology company. The Company is engaged in developing adult stem cell therapies for debilitating neurodegenerative disorders, such as Amyotrophic Lateral Sclerosis (ALS, also known as Lou Gehrig’s disease), Multiple Sclerosis (MS) and Parkinson’s disease (PD), among others.
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