BIOCARTIS Stock Slides By 33% In The Last 21 Sessions

(VIANEWS) – Shares of BIOCARTIS (BEL 20: BCART.BR) slid by a staggering 33.93% in 21 sessions from €0.56 to €0.37 at 05:13 EST on Tuesday, after two successive sessions in a row of gains. BEL 20 is sliding 0.02% to €3,542.34, following the last session’s downward trend.

About BIOCARTIS

Biocartis Group NV, a molecular diagnostics company, provides diagnostic solutions enhancing clinical practice for the benefit of patients, clinicians, payers, and healthcare industry with a focus on oncology. Its proprietary molecular diagnostics Idylla platform is a real-time polymerase chain reaction system that offers molecular information that allows treatment selection and treatment progress monitoring. The company offers Idylla BRAF, KRAS, MSI, EGFR, and NRAS-BRAF mutation tests; and Idylla SARS-CoV-2/Flu/RSV panels and SARS-CoV-2 tests, as well as SeptiCyte RAPID, a rapid host-response test. It also provides research products, including MSI, KRAS, BRAF, ctEGFR, NRAS-BRAF-EGFR S492R, ctKRAS, EGFR, GeneFusion, ctBRAF, and ctNRAS-BRAF-EGFR S492R mutation assays. The company has a collaboration agreement with Amgen to evaluate Idylla RAS testing as a tool for rapid decentralized testing and/or to accelerate access to RAS biomarker information using Idylla platform and RAS tests; and Bristol-Myers Squibb Company for the registration of diagnostic and use of the Idylla MSI test in connection with immuno-oncology therapies. It also has a license, development, and commercialization agreement with GeneproDx for the development of ThyroidPrint novel genomic test on the Idylla platform; and collaboration with APIS Assay Technologies Ltd. to develop and commercialize breast cancer subtyping test on the Idylla platform. The company was founded in 2007 and is headquartered in Mechelen, Belgium.

Earnings Per Share

As for profitability, BIOCARTIS has a trailing twelve months EPS of €-1.04.

Volume

Today’s last reported volume for BIOCARTIS is 159660 which is 77.54% below its average volume of 186752.

More news about BIOCARTIS (BCART.BR).

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