OncoCyte Corporation – Consensus Indicates Potential 107.5% Upside

Broker Ratings
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OncoCyte Corporation found using ticker (OCX) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 1.4 and 0.4 with the average target price sitting at 0.83. Now with the previous closing price of 0.4 this would indicate that there is a potential upside of 107.5%. The day 50 moving average is 0.39 and the 200 moving average now moves to 0.73. The market cap for the company is $46m. Company Website: https://oncocyte.com

The potential market cap would be $96m based on the market concensus.

OncoCyte Corporation, a molecular diagnostics company, researches, develops, and commercializes proprietary laboratory-developed tests for the detection of cancer in the United States and internationally. The company offers DetermaRx, a molecular test for early-stage adenocarcinoma of the lung; and DetermaIO, a proprietary gene expression assay. It also provides biomarker discovery testing, assay design and development, and clinical trial support services, as well as various biomarker tests for pharmaceutical companies. The company has a collaboration agreement with Life Technologies Corporation to develop and collaborate in the commercialization of Oncomine Comprehensive Assay Plus and Determa IO assay for use with Ion Torrent Genexus integrated sequencer and purification system. OncoCyte Corporation was incorporated in 2009 and is based in Irvine, California.

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