Mesoblast limited (OTCMKTS:MEOBF)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.13 and traded as high as $1.40. Mesoblast shares last traded at $1.40, with a volume of 500 shares trading hands.
The stock has a fifty day moving average price of $1.29 and a 200-day moving average price of $1.15.
About Mesoblast (OTCMKTS:MEOBF)
Mesoblast Limited, a biopharmaceutical company, develops and commercializes allogeneic cellular medicines. Its proprietary regenerative medicine technology platform is based on specialized cells known as mesenchymal lineage adult stem cells. The company's products under the Phase III clinical trials include MSC-100-IV for steroid refractory acute graft versus host disease; MPC-150-IM for advanced heart failure; and MPC-06-ID for chronic low back pain due to degenerative disc disease.
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