Medical Laboratories Stocks Under Scanner -- Great Basin Scientific, Biocept, Quintiles IMS, and OpGen
NEW YORK, March 8, 2017 /PRNewswire/ --
For today, Stock-Callers.com has lined up four equities in the Medical Laboratories and Research space: Great Basin Scientific Inc. (NASDAQ: GBSN), Biocept Inc. (NASDAQ: BIOC), Quintiles IMS Holdings Inc. (NYSE: Q), and OpGen Inc. (NASDAQ: OPGN). These companies operate in the Healthcare sector, which was still mostly underwater on Tuesday, March 07th, 2017, with the NYSE Health Care Index falling nearly 0.5%, while shares of health care companies in the S&P 500 were down almost 0.4% as a group. You can access our complimentary research reports on these stocks now at:
Great Basin Scientific
Shares in Salt Lake City, Utah headquartered Great Basin Scientific Inc. saw a drop of 12.39% on Tuesday. The stock recorded a trading volume of 105.42 million shares. Shares of the Company, which develops and commercializes molecular diagnostic systems that are designed to test hospital-acquired infections, are trading 16.38% above their 50-day moving average.
On February 15th, 2017, Great Basin Scientific announced the Journal of Clinical Microbiology published results of a multicenter study that demonstrated the effectiveness of its Staph ID/R Blood Culture Panel in rapidly identifying several species of Staphylococci and in accurately detecting the mecA gene directly from a positive blood culture. The results of the study, which was conducted across three clinical sites, demonstrated the performance and efficacy of the Staph ID/R Blood Culture Panel compared to conventional methods, and concluded that the Company's panel provided decreased time to results at a lower price, helping physicians diagnose and deliver a timely, accurate, and cost-effective course of treatment. Visit us today and download your complete report on GBSN for free at:
San Diego, California headquartered Biocept Inc.'s stock declined 5.04%, closing the day at $2.26 with a total trading volume of 1.69 million shares. The Company's shares have surged 47.71% in the past month, 179.01% in the previous three months, and 191.61% since the start of this year. The stock is trading 38.42% and 131.74% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Biocept, which develops and commercializes proprietary circulating tumor cell and circulating tumor DNA assays utilizing a standard blood sample, have an RSI of 60.97.
On March 07th, 2017, Biocept reported that it accessioned 1,101 billable samples in Q4 2016, a 78% increase from 618 billable samples accessioned during Q4 2015. Revenues for Q4 2016 increased to $1.3 million from $218,000 for Q4 2015. The Company's net loss for Q4 2016 was $4.2 million, or $0.27 per share, compared to a net loss for Q4 2015 of $4.6 million, or $0.73 per share. Biocept reported cash and cash equivalents of $4.6 million as of December 31st, 2016, compared to $8.8 million as of December 31st, 2015. The complimentary research report on BIOC can be accessed at:
On Tuesday, shares in Durham, North Carolina headquartered Quintiles IMS Holdings Inc. recorded a trading volume of 1.34 million shares. The stock ended the day 0.54% lower at $77.48. The Company's shares have advanced 4.66% in the previous three months and 1.88% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.37% and 3.50%, respectively. Furthermore, shares of Quintiles IMS Holdings, which provides integrated information and technology-enabled healthcare services in the Americas, Europe, Africa, and Asia/Pacific, have an RSI of 48.88.
On February 17th, 2017, research firm Wells Fargo upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.
As per a SEC filing dated February 28th, 2017, Quintiles IMS Inc., a wholly-owned subsidiary of Quintiles IMS Holdings, completed the issuance and sale of €1.43 billion in gross proceeds of the Issuer's 3.25% Senior Notes due 2025. The Notes are unsecured obligations of the Issuer, will mature on March 15th, 2025, and will bear interest at the rate of 3.25% per year, with interest payable semi-annually on March 15th and September 15th of each year, beginning on September 15th, 2017. Register for free on Stock-Callers.com and download the PDF research report on Q at:
Gaithersburg, Maryland headquartered OpGen Inc.'s stock rose 3.00%, finishing yesterday's session at $1.03 with a total trading volume of 361,735 shares. The Company's shares are trading below their 50-day moving average by 10.25%. Shares of the Company, which engages in developing and deploying precision medicine tools to combat infectious disease in global healthcare settings, have an RSI of 43.04.
On March 14th, 2017, OpGen announced preliminary data demonstrating the ability to rapidly and accurately predict bacterial antibiotic susceptibility using resistance gene profiles. These preliminary results support OpGen's ongoing genomic and bioinformatics efforts to complete development and commercialization of rapid and highly accurate molecular antibiotic susceptibility determination products for hospital- and network-wide infection prevention and patient management. Get free access to your research report on OPGN at:
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