BrainStorm Cell Therapeutics Inc. (BCLI) Shares Down 3.1%
BrainStorm Cell Therapeutics Inc. (NASDAQ:BCLI)’s share price fell 3.1% during mid-day trading on Friday . The company traded as low as $2.48 and last traded at $2.48, with a volume of 53,296 shares. The stock had previously closed at $2.56.
Separately, Maxim Group reissued a “buy” rating and set a $5.00 price target on shares of BrainStorm Cell Therapeutics in a report on Monday, July 18th.
The company’s market cap is $46.26 million. The stock has a 50-day moving average price of $2.54 and a 200-day moving average price of $2.42.
BrainStorm Cell Therapeutics (NASDAQ:BCLI) last announced its quarterly earnings results on Thursday, August 11th. The biotechnology company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.13. On average, equities research analysts expect that BrainStorm Cell Therapeutics Inc. will post ($0.34) EPS for the current 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.