Biocorrx (OTCMKTS:BICX) Shares Pass Above 50-Day Moving Average – Time to Sell?

Biocorrx Inc. (OTCMKTS:BICXGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.33 and traded as high as $0.38. Biocorrx shares last traded at $0.38, with a volume of 377 shares changing hands.

Biocorrx Stock Performance

The company has a market capitalization of $9.31 million, a P/E ratio of -1.19 and a beta of 0.27. The firm’s fifty day moving average is $0.33 and its 200-day moving average is $0.37.

Biocorrx (OTCMKTS:BICXGet Free Report) last released its quarterly earnings results on Friday, November 14th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.05). The firm had revenue of $0.63 million during the quarter, compared to the consensus estimate of $0.19 million.

About Biocorrx

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BioCorRx Inc, through its subsidiaries, develops and provides treatment programs for substance abuse and related disorders in the United States. It distributes and licenses BioCorRx recovery program, a non-addictive and medication-assisted treatment program that includes a counseling program coupled with its proprietary naltrexone implant; and distributes UnCraveRx weight loss management program, a medically assisted weight management program to reduce food cravings combined with on-demand virtual lifestyle support, fitness, and nutrition.

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