BioRestorative Therapies (OTCMKTS:BRTX) Stock Passes Below 50-Day Moving Average of $1.65

Shares of BioRestorative Therapies, Inc. (OTCMKTS:BRTX) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $1.65 and traded as low as $1.51. BioRestorative Therapies shares last traded at $1.53, with a volume of 5,443 shares trading hands.

BioRestorative Therapies Stock Performance

The firm has a market cap of $10.36 million, a P/E ratio of -0.66 and a beta of 63.47. The stock’s 50-day moving average is $1.65 and its 200 day moving average is $1.50.

BioRestorative Therapies (OTCMKTS:BRTX) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($0.50) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.56) by $0.06. The company had revenue of $0.09 million during the quarter, compared to the consensus estimate of $0.03 million. BioRestorative Therapies had a negative return on equity of 120.47% and a negative net margin of 13,728.83%. On average, research analysts anticipate that BioRestorative Therapies, Inc. will post -3.52 EPS for the current year.

About BioRestorative Therapies

BioRestorative Therapies, Inc, a life sciences company, focuses on the development of regenerative medicine products and therapies using cell and tissue protocols primarily involving adult stem cells. The company's two core developmental programs relate to the treatment of disc/spine disease and metabolic disorders.