Biocorrx (OTCMKTS:BICX) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Biocorrx Inc. (OTCMKTS:BICX)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.38 and traded as low as $0.3790. Biocorrx shares last traded at $0.3790, with a volume of 110 shares trading hands.

Biocorrx Stock Performance

The company has a market capitalization of $11.01 million, a P/E ratio of -2.37 and a beta of 0.17. The business has a 50 day moving average of $0.38 and a 200-day moving average of $0.35.

Biocorrx (OTCMKTS:BICX) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.03. The company had revenue of $0.22 million for the quarter, compared to the consensus estimate of $0.22 million.

About Biocorrx

BioCorRx Inc, through its subsidiaries, develops and provides treatment programs for substance abuse and related disorders in the United States. It distributes and licenses BioCorRx recovery program, a non-addictive and medication-assisted treatment program that includes a counseling program coupled with its proprietary naltrexone implant; and distributes UnCraveRx weight loss management program, a medically assisted weight management program to reduce food cravings combined with on-demand virtual lifestyle support, fitness, and nutrition.