BioRestorative Therapies (OTCMKTS:BRTX) Shares Pass Above 50-Day Moving Average – Time to Sell?

Shares of BioRestorative Therapies, Inc. (OTCMKTS:BRTX) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 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.

BioRestorative Therapies Price Performance

The stock has a 50 day moving average price of $1.65 and a two-hundred day moving average price of $1.58. The company 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 announced its earnings results on Tuesday, August 13th. The company reported ($0.50) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.56) by $0.06. BioRestorative Therapies had a negative net margin of 13,728.83% and a negative return on equity of 120.47%. The company had revenue of $0.09 million during the quarter, compared to the consensus estimate of $0.03 million. Sell-side analysts forecast 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.