BioRestorative Therapies (OTCMKTS:BRTX) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Shares of BioRestorative Therapies, Inc. (OTCMKTS:BRTXGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.94 and traded as low as $1.57. BioRestorative Therapies shares last traded at $1.82, with a volume of 2,521,274 shares traded.

BioRestorative Therapies Stock Up 13.8 %

The stock has a 50-day simple moving average of $1.94 and a 200 day simple moving average of $1.71. The company has a market cap of $12.59 million, a PE ratio of -1.19 and a beta of 62.62.

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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