International Stem Cell (OTCMKTS:ISCO) Posts Quarterly Earnings Results

International Stem Cell (OTCMKTS:ISCO) posted its earnings results on Thursday. The biotechnology company reported ($0.01) earnings per share for the quarter, Zacks reports.

International Stem Cell Trading Down 5.0%

Shares of OTCMKTS:ISCO traded down $0.02 during trading on Thursday, reaching $0.31. 2,134 shares of the stock were exchanged, compared to its average volume of 10,861. International Stem Cell has a 12 month low of $0.12 and a 12 month high of $0.48. The stock has a 50-day moving average price of $0.21 and a 200-day moving average price of $0.18. The firm has a market cap of $2.48 million, a PE ratio of -5.17 and a beta of -0.03.

About International Stem Cell

International Stem Cell Corporation (OTCMKTS:ISCO) is a biotechnology company focused on the development and commercialization of human parthenogenetic stem cells (hpSC) for therapeutic and research applications. Parthenogenetic stem cells are derived from unfertilized human eggs and offer a scalable, ethically noncontroversial source of pluripotent cells. ISCO’s proprietary hpSC lines can be directed to differentiate into a wide variety of cell types, enabling preclinical programs in areas such as neurodegenerative disease, liver disease, diabetes and corneal regeneration.

In addition to its therapeutic pipeline, International Stem Cell maintains a research products division that supplies hpSC lines, differentiated cell populations and media formulations to academic institutions, biotechnology companies and contract research organizations.