PharmaCyte Biotech (OTCMKTS:PMCBD) Stock Price Up 2%

Shares of PharmaCyte Biotech Inc (OTCMKTS:PMCBDGet Free Report) were up 2% during trading on Wednesday . The company traded as high as $2.40 and last traded at $2.29. Approximately 60,069 shares changed hands during mid-day trading, an increase of 580% from the average daily volume of 8,831 shares. The stock had previously closed at $2.24.

PharmaCyte Biotech Price Performance

The stock’s 50 day simple moving average is $2.16 and its 200 day simple moving average is $2.18.

PharmaCyte Biotech Company Profile

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PharmaCyte Biotech, Inc is a clinical stage biotechnology company, which engages in the development and commercialization of treatments for cancer and diabetes. It focuses on a proprietary cellulose-based live cell encapsulation technology called Cell-in-a-Box, which will be used as a platform for the development of treatments for inoperable pancreatic cancer and other solid cancerous tumors, and diabetes.

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