Brainstorm Cell Therapeutics (BCLI)

Brainstorm Cell Therapeutics (BCLI)

Brainstorm Cell Therapeutics (BCLI)

According to the corporate earnings calendar, Brainstorm Cell Therapeutics Inc. will release next earnings on Mar 09, 2017 with an estimated EPS consensus of $-0.1. Zacks Investment Research also issued estimates for BrainStorm Cell Therapeutics' Q4 2016 earnings at ($0.10) EPS, FY2017 earnings at ($0.48) EPS and FY2018 earnings at ($0.57) EPS.

BrainStorm Cell Therapeutics (NASDAQ:BCLI) last posted its quarterly earnings data on Tuesday, November 15th. For the most recent quarter end, BCLI reported a surprise Earnings per Share of 10%.

This article was originally published by and is the sole property of American Banking News. (NASDAQ:BCLI) shares are seeing unusual volume mid-trading session today. The daily volume was measured at 1,188,270 shares.

The stock's price switched up 43.13% 20-Days Simple Moving Average, added 60.78% from 50-Days Simple Moving Average and rose 81.78% from 200 Days Simple Moving Average. Based on a recent bid, the stock is trading -1.94% away from it's 52- week high and 120.86% away from its 52 week low.

The Company has 18.28 million shares outstanding and 16.23 million shares were floated in market.

Additionally, BrainStorm also plans to apply for "Hospital Exemption" pathway for NurOwn in Israel, a scheme which allows a drug maker to partner with a medical center in Israel and be allowed to treat patients with NurOwn for a fee, reports Reuters.

Brainstorm Cell Therapeutics Inc. In most recent quarter, LT Debt/Equity ratio was listed at 0.00 and Total Debt/Equity ratio was noted at 0.00.

As of writing, Brainstorm Cell Therapeutics Inc.'s RSI stands at 91.19. The firm owned 491,867 shares of the biotechnology company's stock after buying an additional 6,200 shares during the period. Hedge funds and other institutional investors own 9.17% of the company's stock. It develops autologous stem cell therapies for highly debilitating neurodegenerative diseases such as Amyotrophic Lateral Sclerosis, Multiple Sclerosis and Parkinsons disease.

Claiming that the company fits the required criteria to qualify, BrainStorm is hopeful of a speedy approval.

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