StockNews.com initiated coverage on shares of OncoCyte (NASDAQ:OCX – Free Report) in a research note published on Sunday morning. The firm issued a sell rating on the stock.
Separately, Needham & Company LLC reaffirmed a buy rating and issued a $4.25 target price on shares of OncoCyte in a report on Friday, August 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of Hold and a consensus price target of $4.06.
Read Our Latest Research Report on OncoCyte
OncoCyte Stock Down 1.3 %
OncoCyte (NASDAQ:OCX – Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.36) earnings per share (EPS) for the quarter. OncoCyte had a negative net margin of 3,558.46% and a negative return on equity of 149.88%. The business had revenue of $0.10 million during the quarter.
OncoCyte Company Profile
OncoCyte Corporation, a precision diagnostics company, focuses on development and commercialization of proprietary tests in the United States and internationally. The company is developing DetermaIO, a gene expression test that assesses the tumor microenvironment to predict response to immunotherapies; DetermaCNI, a blood-based monitoring tool for monitoring therapeutic efficacy in cancer patients; and VitaGraft, a blood-based solid organ transplantation monitoring test.
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