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

Stock analysts at StockNews.com began coverage on shares of Brainstorm Cell Therapeutics (NASDAQ:BCLI) in a report released on Wednesday. The firm set a “hold” rating on the biotechnology company’s stock.

Brainstorm Cell Therapeutics Stock Performance

NASDAQ BCLI opened at $1.35 on Wednesday. Brainstorm Cell Therapeutics has a 52 week low of $1.05 and a 52 week high of $11.25. The stock has a market capitalization of $7.70 million, a price-to-earnings ratio of -0.28 and a beta of 0.74. The stock’s 50 day moving average price is $1.73 and its two-hundred day moving average price is $2.05.

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.