Arch Therapeutics (OTCMKTS:ARTH) Shares Cross Below 50-Day Moving Average – Time to Sell?

Arch Therapeutics, Inc. (OTCMKTS:ARTHGet Free Report)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.63 and traded as low as $0.32. Arch Therapeutics shares last traded at $0.53, with a volume of 37,626 shares traded.

Arch Therapeutics Stock Down 8.9 %

The stock has a 50 day moving average price of $0.62 and a 200-day moving average price of $1.01.

Arch Therapeutics (OTCMKTS:ARTHGet Free Report) last announced its earnings results on Monday, August 19th. The biotechnology company reported ($1.44) earnings per share (EPS) for the quarter. The business had revenue of $0.03 million during the quarter.

About Arch Therapeutics

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Arch Therapeutics, Inc, together with its subsidiaries, operates as a biotechnology company in the United States. It develops and markets products based on its AC5 self-assembling technology platform to stop bleeding and control leaking, as well as manages wounds during surgery, trauma, and interventional care or from disease.

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