OncoCyte Corporation – Consensus Indicates Potential 84.4% Upside

Broker Ratings
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OncoCyte Corporation found using ticker (OCX) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 1.4 and 0.4 with the average target price sitting at 0.83. Given that the stocks previous close was at 0.45 this would indicate that there is a potential upside of 84.4%. The 50 day MA is 0.4 while the 200 day moving average is 0.74. The market capitalisation for the company is $49m. You can visit the company’s website by visiting: https://oncocyte.com

The potential market cap would be $90m 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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