StockNews.com Begins Coverage on Brainstorm Cell Therapeutics (NASDAQ:BCLI)

StockNews.com started coverage on shares of Brainstorm Cell Therapeutics (NASDAQ:BCLI) in a report released on Thursday morning. The firm issued a hold rating on the biotechnology company’s stock.

Brainstorm Cell Therapeutics Stock Performance

Shares of NASDAQ BCLI opened at $1.83 on Thursday. The stock has a market cap of $10.43 million, a price-to-earnings ratio of -0.38 and a beta of 0.26. Brainstorm Cell Therapeutics has a fifty-two week low of $1.05 and a fifty-two week high of $11.89. The firm’s 50-day simple moving average is $1.98 and its 200 day simple moving average is $2.82.

Brainstorm Cell Therapeutics Company Profile

Brainstorm Cell Therapeutics Inc, a biotechnology company, engages in the development and commercialization of autologous cellular therapies for the treatment of neurodegenerative diseases. The company, through its NurOwn proprietary cell therapy platform, leverages cell culture methods to induce autologous bone marrow-derived mesenchymal stem cells to secrete high levels of neurotrophic factors, modulate neuroinflammatory and neurodegenerative disease processes, promote neuronal survival, and enhance neurological function.