Mesoblast (OTCMKTS:MEOBF) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Mesoblast Limited (OTCMKTS:MEOBFGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.88 and traded as high as $1.84. Mesoblast shares last traded at $1.84, with a volume of 5,246 shares.

Mesoblast Stock Performance

The business has a 50-day moving average of $1.17 and a two-hundred day moving average of $0.89.

About Mesoblast

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Mesoblast Limited engages in the development of regenerative medicine products in Australia, the United States, Singapore, and Switzerland. The company offers products in the areas of cardiovascular, spine orthopedic disorder, oncology, hematology, and immune-mediated and inflammatory diseases. Its proprietary regenerative medicine technology platform is based on specialized cells known as mesenchymal lineage cells.

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