Mesoblast (NASDAQ:MESO) Shares Cross Below 50 Day Moving Average - Here's What Happened

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Mesoblast (NASDAQ:MESO) shares have fallen below their 50-day moving average, trading at $14.36 against a moving average of $16.63. The company has a “Moderate Buy” consensus rating from analysts, despite a recent “sell” rating from Weiss Ratings. Mesoblast reported Q4 EPS of -$0.16 and revenue of $25.67 million, with institutional investors holding a small percentage of the stock.

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