PharmaCyte Biotech (NASDAQ:PMCB) Stock Price Up 12.4% – Time to Buy?

PharmaCyte Biotech, Inc. (NASDAQ:PMCBGet Free Report)’s stock price rose 12.4% during mid-day trading on Thursday . The company traded as high as $1.83 and last traded at $1.81. Approximately 129,298 shares were traded during mid-day trading, an increase of 499% from the average daily volume of 21,600 shares. The stock had previously closed at $1.61.

PharmaCyte Biotech Price Performance

The company has a market capitalization of $12.27 million, a price-to-earnings ratio of 3.32 and a beta of -0.18. The stock has a fifty day simple moving average of $1.61 and a 200-day simple moving average of $1.71.

PharmaCyte Biotech (NASDAQ:PMCBGet Free Report) last announced its quarterly earnings results on Friday, December 13th. The company reported ($0.29) earnings per share (EPS) for the quarter.

PharmaCyte Biotech Company Profile

(Get Free Report)

PharmaCyte Biotech, Inc, a biotechnology company, develops and commercializes cellular therapies for cancer in the United States. Its cellular therapies are developed based on Cell-in-a-Box, a proprietary cellulose-based live cell encapsulation technology used as a platform to treat various types of cancer, including advanced and inoperable pancreatic cancer.

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