Diaceutics’ (DXRX) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Diaceutics (LON:DXRX – Free Report) in a research note issued to investors on Tuesday morning,Digital Look reports. The brokerage currently has a GBX 215 price objective on the stock.

Diaceutics Stock Performance

LON DXRX opened at GBX 190 on Tuesday. The business has a 50 day moving average price of GBX 188.20 and a 200 day moving average price of GBX 160.85. The company has a market capitalization of £161.45 million, a P/E ratio of -593.75 and a beta of 0.88. Diaceutics has a 1-year low of GBX 125 and a 1-year high of GBX 210. The company has a debt-to-equity ratio of 5.40, a current ratio of 2.55 and a quick ratio of 9.92.

Diaceutics (LON:DXRX – Get Free Report) last announced its quarterly earnings results on Tuesday, September 22nd. The company reported GBX (3.27) earnings per share for the quarter. Diaceutics had a negative net margin of 0.66% and a negative return on equity of 0.68%. Sell-side analysts expect that Diaceutics will post 1.01 EPS for the current fiscal year.

About Diaceutics

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At Diaceutics we believe that every patient should get the opportunity to receive the right test and the right therapy to positively impact their disease outcome. We provide the world’s leading pharma and biotech companies with an end-to-end commercialisation solution for precision medicines through data analytics, scientific and advisory services enabled by our platform DXRX – The Diagnostics Network®.

Further Reading

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