Neuralstem Inc. (CUR) is one of the best performing stocks in the health care sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on September 23. Shares of CUR have climbed 3.23% about 30 minutes into the session to $0.32 after closing the day prior at $0.31. It’s early, but the stock has traded as high as $0.32 and as low as $0.32 so far. Today’s quick advance has come with about 48,195 shares changing hands, compared to an average 30-day volume of 1.17 million for Neuralstem Inc.. The price is currently below the 30-day volume weighted average price of $0.32 for CUR.
The share appreciation gives the company a market capitalization of $35.58 million based upon 114.76 million shares outstanding. It also means that CUR has a price-to-book ratio of 42.53:1 and a price-to-earnings ratio of :1.
In the past 52 weeks, shares of CUR have traded as low as $0.19 and as high as $1.96. Technical traders will take note that at $0.32, shares of CUR are trading below their 200-day MA at $0.57 and above their 50-day MA at $0.26. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is CUR?
Neuralstem Inc is a biotechnology company. It is engaged in the development and commercialization of treatments for central nervous system disease based on transplanting human neural stem cells and the use of small molecule drugs. The company’s 12 employees are led by CEO Richard J. Daly from the corporate headquarters at 20271 Goldenrod Lane.
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