|Bid||0.3200 x 2200|
|Ask||0.4099 x 1200|
|Day's Range||0.3560 - 0.4195|
|52 Week Range||0.2500 - 1.5900|
|Beta (3Y Monthly)||3.34|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Germantown-based Neuralstem Inc. (NASDAQ: CUR) has received notice that it could be delisted from the Nasdaq after failing to elevate its stock price consistently above $1 over the past six months. The stem cell therapy company received a letter May 29 that it will be delisted from the exchange, scheduled to take effect June 7, unless it requests a hearing by Wednesday afternoon before the Nasdaq Hearings Panel — which, the company reported in public filings, it intends to do. “At the hearing, the Company will present its plan to regain compliance with all applicable requirements for continued listing on Nasdaq, including the $1.00 bid price requirement, and request an extension within which to do so,” Neuralstem wrote in its filings.
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Germantown-based Neuralstem Inc. has been put on notice that its stock could be delisted from the Nasdaq if the company can’t raise its share price above $1 continually within the next six months. The stem cell therapy company said it intends to continue actively monitoring its common stock price and will consider options to boost its value. To return to compliance, Neuralstem stock must close at or above $1 per share for at least 10 consecutive days, though the company could file for an extension or appeal.
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