BioRestorative Therapies (OTCMKTS:BRTX) Shares Pass Below Fifty Day Moving Average – What’s Next?

BioRestorative Therapies, Inc. (OTCMKTS:BRTXGet Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.96 and traded as low as $1.55. BioRestorative Therapies shares last traded at $1.62, with a volume of 13,195 shares trading hands.

BioRestorative Therapies Stock Performance

The firm has a market capitalization of $12.25 million, a price-to-earnings ratio of -1.16 and a beta of 64.37. The stock’s fifty day moving average is $1.97 and its two-hundred day moving average is $1.71.

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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