Medical Laboratories Stocks Under Scanner -- Organovo, DexCom, Quest Diagnostics, and Alere

Wednesday, March 22, 2017 Drug News
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NEW YORK, March 22, 2017 /PRNewswire/ --

On Tuesday, March 21, 2017, the NASDAQ Composite

ended the trading session at 5,793.83, down 1.82%; the Dow Jones Industrial Average edged 1.14% lower, to finish at 20,668.01; and the S&P 500 closed at 2,344.02, marginally dropping 1.24%. Losses were broad based as eight out of nine sectors ended
the day in negative. This Wednesday, has initiated reports coverage on the following Medical Laboratories & Research equities: Organovo Holdings Inc. (NASDAQ: ONVO), DexCom Inc. (NASDAQ: DXCM), Quest Diagnostics Inc. (NYSE: DGX), and Alere Inc. (NYSE: ALR). Learn more about these stocks by downloading their free research reports in PDF format at:


On Tuesday, shares in San Diego, California headquartered Organovo Holdings Inc. ended the session 5.64% lower at $3.01 with a total volume of 1.09 million shares traded. Organovo Holdings' shares have gained 1.35% in the last one month and 46.83% in the previous one year. The stock is trading 9.23% below its 50-day moving average and 15.21% below its 200-day moving average. Moreover, shares of the Company, which focuses on developing and commercializing functional human tissues that could be employed in drug discovery and development, biological research, and as therapeutic implants for the treatment of damaged or degenerating tissues and organs, have a Relative Strength Index (RSI) of 46.63. Sign up and read the free research report on ONVO at:


On Tuesday, shares in San Diego, California headquartered DexCom Inc. recorded a trading volume of 1.07 million shares. The stock ended the day 3.93% lower at $76.49. DexCom's stock has gained 20.63% in the last three months and 25.95% in the previous one year. The Company is trading below its 50-day and 200-day moving averages by 2.54% and 2.76%, respectively. Furthermore, shares of DexCom, which together with its subsidiaries, focuses on the design, development, and commercialization of continuous glucose monitoring systems in the US and internationally, have an RSI of 40.76. The complimentary research report on DXCM can be downloaded at:

Quest Diagnostics  

Madison, New Jersey headquartered Quest Diagnostics Inc.'s stock finished Tuesday's session 0.75% lower at $98.43 with a total volume of 1.13 million shares traded. Over the last one month and the previous three months, Quest Diagnostics' shares have advanced 2.92% and 7.15%, respectively. Furthermore, the stock has surged 43.43% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 3.70% and 13.85%, respectively. Shares of Quest Diagnostics, which provides diagnostic testing information and services in the US and internationally, are trading at a PE ratio of 21.67. Additionally, the stock has an RSI of 60.74.

On March 07th, 2017, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with an increase of the target price from $92 a share to $98 a share. Register for free on and access the latest report on DGX at:


Waltham, Massachusetts headquartered Alere Inc.'s stock edged 0.36% lower, to close the day at $38.27. The stock recorded a trading volume of 348,982 shares. Alere's shares are trading 1.92% and 5.13% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which provides professional diagnostic products and services for infectious and cardiometabolic disease, and toxicology in the US, Europe, and internationally, have an RSI of 47.03. Get free access to your research report on ALR at:

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