BioRestorative Therapies Inc (NASDAQ:BRTX) shares, rose in value on Wednesday, June 18, with the stock price down by -1.16% to the previous day’s close as strong demand from buyers drove the stock to $1.70.
Actively observing the price movement in the last trading, the stock closed the session at $1.72. Referring to stock’s 52-week performance, its high was $2.55, and the low was $1.21. On the whole, BRTX has fluctuated by 7.26% over the past month.
With the market capitalization of BioRestorative Therapies Inc currently standing at about $12.76 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-14.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BRTX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of BRTX currently trading nearly -2.89% and -2.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.69, while the 7-day volatility ratio is showing 9.81% which for the 30-day chart, stands at 5.13%. Furthermore, BioRestorative Therapies Inc (BRTX)’s beta value is 76.57, and its average true range (ATR) is 0.12.
A comparison of BioRestorative Therapies Inc (BRTX) with its peers suggests the former has fared considerably weaker in the market. BRTX showed an intraday change of -1.16% in last session, and over the past year, it shrunk by -8.11%%.
Data on historical trading for BioRestorative Therapies Inc (NASDAQ:BRTX) indicates that the trading volumes over the past 3 months, they’ve averaged 99.63K. According to company’s latest data on outstanding shares, there are 7.50 million shares outstanding.
Nearly 27.70% of BioRestorative Therapies Inc’s shares belong to company insiders and institutional investors own 12.62% of the company’s shares. The stock has risen by 18.88% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BRTX stock heading into the next quarter.
