OncoCyte (OCX) Shares Down 1.8%
Shares of OncoCyte Corp (NYSEAMERICAN:OCX) fell 1.8% on Monday . The company traded as low as $3.81 and last traded at $3.93. 2,900 shares traded hands during trading, a decline of 100% from the average session volume of 2,432,945 shares. The stock had previously closed at $4.00.
Several equities analysts have weighed in on the company. Zacks Investment Research downgraded OncoCyte from a “buy” rating to a “hold” rating in a research report on Saturday, January 26th. began coverage on OncoCyte in a report on Monday, October 29th. They issued a “positive” rating on the stock. Janney Montgomery Scott upgraded OncoCyte from a “neutral” rating to a “buy” rating in a report on Tuesday, January 29th. Finally, Lake Street Capital reiterated a “buy” rating on shares of OncoCyte in a report on Wednesday, December 19th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $5.33.
OncoCyte (NYSEAMERICAN:OCX) last announced its earnings results on Tuesday, November 13th. The biotechnology company reported ($0.07) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.09) by $0.02.
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OncoCyte Company Profile (NYSEAMERICAN:OCX)
OncoCyte Corporation focuses on the development and commercialization of novel and non-invasive blood and urine (liquid biopsy) diagnostic tests for the early detection of cancer. The company is developing diagnostic tests using genetic and protein markers expressed in various types of cancer. It develops diagnostic tests based on liquid biopsies using blood or urine samples for detecting lung, bladder, and breast cancer.
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