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BIOC - Biocept Inc News Story

$4.44 -0.3  -6.7%

Last Trade - 4:32pm

Sector
Healthcare
Size
Micro Cap
Market Cap £45.4m
Enterprise Value £36.9m
Revenue £19.5m
Position in Universe 5460th / 6856

BUZZ-Biocept jumps on tumor detection kit launch

Mon 28th January, 2019 3:34pm
** Shares of Biocept Inc  BIOC.O  surged nearly 30 pct early
Mon after the launch of its proprietary platform for detecting
circulating tumor DNA 
    ** The biotech firm's stock was last up 11.9 pct at $2.17,
among the top percentage gainers on the Nasdaq  .IXIC 
    ** BIOC's press release says its first available Target
Selector kit will detect biomarkers for lung cancer, with other
kits in the pipeline  urn:newsml:reuters.com:*:nPn1QyhQba
    ** On March 26, co expected to post Q4 loss/sh of $1.58;
BIOC has disappointed analyst expectations in 5 of 8 most recent
qtrs, according to Refinitiv data
    ** Even with today's advance, BIOC stock has lost ~80 of its
value the last 12 mos, compared with the Nasdaq's ~6 pct loss
for the same time period

 (Reporting by Stephen Culp)
 ((stephen.culp@thomsonreuters.com; 646-223-6076;))
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