ValuEngine downgraded shares of Asterias Biotherapeutics Inc (NYSEMKT:AST) from a hold rating to a sell rating in a research report sent to investors on Wednesday.

Shares of Asterias Biotherapeutics (AST) opened at 3.30 on Wednesday. The firm’s 50-day moving average price is $3.49 and its 200-day moving average price is $3.50. The company’s market capitalization is $162.57 million. Asterias Biotherapeutics has a 12 month low of $2.54 and a 12 month high of $5.80.

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Asterias Biotherapeutics Company Profile

Asterias Biotherapeutics, Inc is a biotechnology company. The Company is engaged in developing and commercializing therapies in the fields of cell therapy and regenerative medicine. The Company has over two technology platforms. The first is an immunotherapy platform to teach cancer patients’ immune systems to attack their tumors.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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