Biocept (BIOC) Earning Somewhat Positive News Coverage, Study Finds
Media coverage about Biocept (NASDAQ:BIOC) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Biocept earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news articles about the medical research company an impact score of 45.3659776970223 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Biocept (NASDAQ:BIOC) opened at $0.29 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.41 and a quick ratio of 1.27. The company has a market cap of $8.85, a price-to-earnings ratio of -0.33 and a beta of 1.98. Biocept has a 52-week low of $0.29 and a 52-week high of $2.76.
Biocept (NASDAQ:BIOC) last posted its earnings results on Thursday, November 9th. The medical research company reported ($0.20) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.01). The company had revenue of $1.11 million during the quarter, compared to analysts’ expectations of $1.39 million. Biocept had a negative net margin of 375.28% and a negative return on equity of 359.21%. research analysts predict that Biocept will post -0.76 earnings per share for the current fiscal year.
Biocept, Inc is an early commercial-stage molecular oncology diagnostics company. The Company develops and commercializes circulating tumor cell (CTC) and circulating tumor deoxyribonucleic acid (ctDNA), assays utilizing a standard blood sample, or liquid biopsy. The Company’s Target-Selector offering is based on an internally developed, microfluidics-based CTC capture and analysis platform, with enabling features that change how CTC testing can be used by clinicians by providing biomarker detection and monitoring requiring only a standard blood sample.
Receive News & Ratings for Biocept Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Biocept and related companies with MarketBeat.com's FREE daily email newsletter.