16.05.2017 12:50:00
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Research Reports Initiation on Medical Laboratories Stocks -- Cancer Genetics, Exact Sciences, HTG Molecular Diagnostics, and BioTelemetry
NEW YORK, May 16, 2017 /PRNewswire/ --
Stock-Callers.com has issued research reports on the following Medical Laboratories and Research companies: Cancer Genetics Inc. (NASDAQ: CGIX), Exact Sciences Corp. (NASDAQ: EXAS), HTG Molecular Diagnostics Inc. (NASDAQ: HTGM), and BioTelemetry Inc. (NASDAQ: BEAT). The Research, Testing, and Medical Laboratories sector includes a range of activities from highly, research oriented companies working to develop and commercialize new drug discovery/delivery systems and gene and cell therapies, to more service oriented firms engaged in medical and other biosciences-testing services. Learn more about these stocks by downloading their free report at:
http://stock-callers.com/registration
Cancer Genetics
On Monday, shares in New Jersey-based Cancer Genetics Inc. (CGIX) recorded a trading volume of 197,500 shares. The stock ended the session 4.58% higher at $4.00. The Company's shares have gained 14.29% in the last one month, 70.21% over the previous three months, and 196.30% on an YTD basis. The stock is trading 14.27% above its 50-day moving average and 77.67% above its 200-day moving average. Moreover, shares of Cancer Genetics, which develops, commercializes, and provides molecular and biomarker-based tests and services in the US, India, and China, have a Relative Strength Index (RSI) of 53.52.
On May 15th, 2017, CGIX announced that it has partnered with Ventana Medical Systems, Inc., a member of the Roche Group (Roche), to enable rapid patient access to testing following the FDA's recent approval of the Roche's VENTANA PD-L1 (SP263) Assay. The agreement ensures that CGIX is one of the first laboratories in the U.S. with pathologists trained to use and interpret the VENTANA PD-L1 (SP263) test to help inform patient-treatment decisions. The free research report on CGIX is available at:
http://stock-callers.com/registration/?symbol=CGIX
Exact Sciences
Wisconsin headquartered Exact Sciences Corp.'s stock closed the day 3.97% lower at $32.43. A total volume of 18.79 million shares was traded, which was above their three months average volume of 3.02 million shares. The Company's shares have advanced 39.36% in the past month, 74.07% in the previous three months, and 142.74% since the start of this year. The stock is trading 30.08% and 64.98% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Exact Sciences, which focuses on developing products for the early detection and prevention of various cancers in the US, have an RSI of 64.65.
On April 17th, 2017, research firm Leerink Partners initiated an 'Outperform' rating on the Company's stock, with a target price of $30 per share.
On May 01st, 2017, Exact Sciences announced that the Company will participate in the Bank of America Merrill Lynch 2017 Healthcare Conference in Las Vegas on Tuesday, May 16th, 2017. Kevin Conroy, Chairman and CEO, and Jeff Elliott, CFO, will participate in a fireside chat at the conference at 11:20 a.m. PT. A live webcast of the event will be available on the Company's website. The complimentary report on EXAS can be downloaded at:
http://stock-callers.com/registration/?symbol=EXAS
HTG Molecular Diagnostics
Shares in Arizona-based HTG Molecular Diagnostics Inc. recorded a trading volume of 1.14 million shares. The stock ended yesterday's trading session 4.00% higher at $4.16. The Company's shares have advanced 116.67% in the previous three months and 85.71% on an YTD basis. The stock is trading above its 200-day moving average by 45.92%. Furthermore, shares of HTG Molecular Diagnostics, which develops and markets products and services based on proprietary technology that facilitates the routine use of targeted molecular profiling, have an RSI of 46.92.
On May 04th, 2017, HTG Molecular Diagnostics announced that its new HTG EdgeSeq PATH Assay is expected to be available for research uses by the end of the second quarter of 2017. The HTG EdgeSeq PATH Assay has been designed for retrospective gene expression profiling to complement traditional immunohistochemistry testing by allowing investigators to assess mRNA expression of large numbers of biomarkers when formalin-fixed, paraffin-embedded sample availability is limited. Visit us today and download our complete research report on HTGM for free at:
http://stock-callers.com/registration/?symbol=HTGM
BioTelemetry
Pennsylvania headquartered BioTelemetry Inc.'s stock finished Monday's session 0.53% higher at $28.30. A total volume of 561,006 shares was traded, which was above their three months average volume of 515,750 shares. The Company's shares have advanced 18.66% over the previous three months and 26.62% since the start of this year. The stock is trading above its 200-day moving average by 24.61%. Additionally, shares of BioTelemetry, which provides cardiac monitoring, cardiac monitoring device manufacturing, and centralized cardiac core laboratory services, have an RSI of 41.33.
On May 10th, 2017, BioTelemetry announced the start of the main offer period of the tender offer to acquire all of the shares of LifeWatch AG. The main offer period is scheduled to expire at 4:00 p.m. CEST on May 23rd, 2017. LifeWatch's Board of Directors has announced that it fully supports the public tender offer, and has recommended that shareholders accept it and tender their shares accordingly. Get free access to your technical report on BEAT at:
http://stock-callers.com/registration/?symbol=BEAT
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