Let’s start up with the current stock price of OncoCyte Corporation (OCX), which is $0.98 to be very precise. The Stock rose vividly during the last session to $0.9801 after opening rate of $0.8628 while the lowest price it went was recorded $0.84 before closing at $0.86.Recently in News on August 3, 2022, Oncocyte to Participate at Upcoming Investor Conferences. Oncocyte Corporation (Nasdaq: OCX), a precision diagnostics company with the mission to improve patient outcomes by providing personalized insights that inform critical decisions throughout the patient care journey, announced today that its management team will participate at the following conferences:. You can read further details here
OncoCyte Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.2641 on 01/04/22, with the lowest value was $0.8050 for the same time period, recorded on 08/01/22.
OncoCyte Corporation (OCX) full year performance was -78.92%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, OncoCyte Corporation shares are logging -82.11% during the 52-week period from high price, and 21.75% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.81 and $5.48.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 518032 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the OncoCyte Corporation (OCX) recorded performance in the market was -54.83%, having the revenues showcasing -19.00% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 116.51M, as it employees total of 110 workers.
Analysts verdict on OncoCyte Corporation (OCX)
During the last month, 5 analysts gave the OncoCyte Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.1088, with a change in the price was noted -0.31. In a similar fashion, OncoCyte Corporation posted a movement of -24.02% for the period of last 100 days, recording 529,256 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for OCX is recording 0.02 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
OncoCyte Corporation (OCX): Technical Analysis
Raw Stochastic average of OncoCyte Corporation in the period of last 50 days is set at 32.43%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 89.79%. In the last 20 days, the company’s Stochastic %K was 47.50% and its Stochastic %D was recorded 28.15%.
Let’s take a glance in the erstwhile performances of OncoCyte Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -54.83%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -43.99%, alongside a downfall of -78.92% for the period of the last 12 months. The shares increased approximately by 17.73% in the 7-day charts and went up by 10.11% in the period of the last 30 days. Common stock shares were lifted by -19.00% during last recorded quarter.