Home / Market Movers / Services Sector Gets a Lift from Early Gains by 7.78% for Interpace Diagnostics Group Inc. (IDXG) on September 22

Services Sector Gets a Lift from Early Gains by 7.78% for Interpace Diagnostics Group Inc. (IDXG) on September 22

Interpace Diagnostics Group Inc. (IDXG) is one of the best performing stocks in the services sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on September 22. Shares of IDXG have climbed 7.78% about 30 minutes into the session to $0.18 after closing the day prior at $0.17. It’s early, but the stock has traded as high as $0.18 and as low as $0.17 so far. Today’s quick advance has come with about 20,150 shares changing hands, compared to an average 30-day volume of 193,728 for Interpace Diagnostics Group Inc.. The price is currently below the 30-day volume weighted average price of $0.17 for IDXG.

The share appreciation gives the company a market capitalization of $3.03 million based upon 18.16 million shares outstanding. It also means that IDXG has a price-to-book ratio of 0.51:1 and a price-to-earnings ratio of :1.

In the past 52 weeks, shares of IDXG have traded as low as $0.1615 and as high as $2.04. Technical traders will take note that at $0.18, shares of IDXG are trading below their 200-day MA at $0.33 and below their 50-day MA at $0.28. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.

Who is IDXG?

Interpace Diagnostics Group Inc is engaged in developing and commercializing molecular diagnostic tests, leveraging the latest technology and personalized medicine for diagnosis and management. The company’s 65 employees are led by CEO Jack E. Stover from the corporate headquarters at 300 Interpace Parkway.

For more information on IDXG and other companies trading on the major exchanges, as well as the over the counter markets, or to be considered for contributing content for our distribution network, visit FinancialPress.com today.

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