Biocept (BIOC) Sees Unusually-High Trading Volume
Biocept Inc (NASDAQ:BIOC) saw unusually-strong trading volume on Thursday . Approximately 13,526,320 shares changed hands during trading, an increase of 370% from the previous session’s volume of 2,876,126 shares.The stock last traded at $1.58 and had previously closed at $1.20.
Several equities analysts recently issued reports on BIOC shares. ValuEngine upgraded shares of Biocept from a “hold” rating to a “buy” rating in a research report on Friday, March 1st. Zacks Investment Research upgraded shares of Biocept from a “hold” rating to a “buy” rating and set a $1.25 price target on the stock in a research report on Wednesday, February 13th.
The company has a current ratio of 2.63, a quick ratio of 2.50 and a debt-to-equity ratio of 0.11. The stock has a market cap of $2.68 million, a PE ratio of -0.07 and a beta of 2.90.
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About Biocept (NASDAQ:BIOC)
Biocept, Inc, an early stage molecular oncology diagnostics company, develops and commercializes proprietary circulating tumor cell (CTC) and circulating tumor DNA assays utilizing a standard blood sample. The company's cancer assays provide information to healthcare providers to identify oncogenic alterations that qualify a subset of cancer patients for targeted therapy at diagnosis, progression, and monitoring in order to identify resistance mechanisms.
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