Biocorrx (OTCMKTS:BICX) Stock Passes Below 200-Day Moving Average – What’s Next?

Shares of Biocorrx Inc. (OTCMKTS:BICXGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.35 and traded as low as $0.2980. Biocorrx shares last traded at $0.2980, with a volume of 761 shares traded.

Biocorrx Price Performance

The company has a market capitalization of $8.84 million, a price-to-earnings ratio of -1.86 and a beta of 0.19. The stock has a 50 day simple moving average of $0.33 and a two-hundred day simple moving average of $0.35.

Biocorrx (OTCMKTS:BICXGet Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.03. The business had revenue of $0.21 million for the quarter, compared to analysts’ expectations of $0.22 million.

Biocorrx Company Profile

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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.

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