Biocorrx (OTCMKTS:BICX) Share Price Passes Above 50-Day Moving Average – What’s Next?

Shares of Biocorrx Inc. (OTCMKTS:BICXGet Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.35 and traded as high as $0.35. Biocorrx shares last traded at $0.35, with a volume of 115 shares trading hands.

Biocorrx Price Performance

The company has a market cap of $8.90 million, a PE ratio of -1.88 and a beta of 0.17. The firm has a 50 day simple moving average of $0.34 and a 200-day simple moving average of $0.35.

Biocorrx (OTCMKTS:BICXGet Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.03. The firm had revenue of $0.21 million for the quarter, compared to analysts’ expectations of $0.22 million.

Biocorrx Company Profile

(Get Free Report)

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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