BioRestorative Therapies (OTCMKTS:BRTX) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

BioRestorative Therapies, Inc. (OTCMKTS:BRTX) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.65 and traded as high as $1.70. BioRestorative Therapies shares last traded at $1.56, with a volume of 120,765 shares trading hands.

BioRestorative Therapies Stock Performance

The company has a 50 day moving average of $1.64 and a 200 day moving average of $1.58. The stock has a market capitalization of $10.80 million, a price-to-earnings ratio of -0.76 and a beta of 63.02.

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

BioRestorative Therapies Company Profile

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.