BioRestorative Therapies (OTCMKTS:BRTXQ) Stock Price Down 4.5% – Here’s What Happened
by Danessa Lincoln · The Markets DailyBioRestorative Therapies, Inc. (OTCMKTS:BRTXQ – Get Free Report) dropped 4.5% on Friday . The stock traded as low as $0.2894 and last traded at $0.2960. Approximately 1,578,483 shares changed hands during trading, a decline of 97% from the average daily volume of 62,169,492 shares. The stock had previously closed at $0.31.
BioRestorative Therapies Stock Down 4.5%
The company has a market cap of $485.33 million, a price-to-earnings ratio of -0.28 and a beta of 102.36. The business has a 50-day simple moving average of $0.56 and a two-hundred day simple moving average of $1.07.
About BioRestorative Therapies
BioRestorative Therapies, Inc is a clinical‐stage regenerative medicine company focused on developing and commercializing advanced therapeutic platforms to promote tissue repair and healing. The company’s principal business activities are conducted through its wholly owned subsidiary, TissueForm, Inc, which holds the rights to a proprietary micro‐fiber scaffold technology designed to create a three‐dimensional matrix supporting cell migration, proliferation and new tissue formation. BioRestorative’s work is primarily targeted at chronic and non‐healing wounds, including diabetic foot ulcers and other complex soft‐tissue injuries.
The cornerstone of BioRestorative’s product pipeline is the TissueForm® line of scaffold materials.