RenovaCare (OTCMKTS:RCAR) Stock Price Passes Above 50 Day Moving Average of $3.47

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RenovaCare Inc (OTCMKTS:RCAR)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.47 and traded as high as $3.80. RenovaCare shares last traded at $3.37, with a volume of 10,205 shares.

The stock has a market capitalization of $308.35 million, a price-to-earnings ratio of -58.83 and a beta of 2.85. The firm has a fifty day moving average of $3.46 and a 200 day moving average of $2.30.

RenovaCare (OTCMKTS:RCAR) last posted its earnings results on Thursday, August 13th. The biotechnology company reported ($0.03) EPS for the quarter.

About RenovaCare (OTCMKTS:RCAR)

RenovaCare, Inc, a development-stage company, focuses on the acquisition, development, and commercialization of autologous cellular therapies for use in medical and aesthetic applications. It is developing CellMist System for spraying a patient's own skin stem cells onto burns and wounds for self-healing; and SkinGun, a solution sprayer device for delivering the cells to the treatment area.

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