BioRestorative Therapies (OTCMKTS:BRTX) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

BioRestorative Therapies, Inc. (OTCMKTS:BRTXGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.36 and traded as low as $1.10. BioRestorative Therapies shares last traded at $1.11, with a volume of 10,660 shares changing hands.

BioRestorative Therapies Stock Performance

The firm has a market cap of $9.85 million, a P/E ratio of -0.76 and a beta of 0.18. The company has a 50 day moving average of $1.36 and a 200 day moving average of $1.52.

About BioRestorative Therapies

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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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