Interpace Diagnostics Group Inc. (IDXG) lost ground during morning trading on April 21 to make it one of the worst performers amongst all NYSE and NASDAQ listed stocks in the services sector halfway through the trading day. At the lunch break, shares of IDXG have fallen 6.54% to $2.43 after closing the day prior at $2.6. So far, the stock has traded as high as $2.64 and as low as $2.38. Today’s decline has come with about 867,677 shares changing hands, compared to an average 30-day volume of 3.41 million for Interpace Diagnostics Group Inc.. The price is currently below the 30-day volume weighted average price of $2.46 for IDXG.
The share depreciation gives the company a market capitalization of $17.48 million based upon 6.72 million shares outstanding. It also means that IDXG has a price-to-book ratio of 2.6:1.
In the past 52 weeks, shares of IDXG have traded as low as $0.7 and as high as $19.8. Technical traders will take note that at $2.43, shares of IDXG are trading below their 200-day MA at $3.12 and below their 50-day MA at $2.58. 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 below them is typically regarded as bearish.
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 in Parsippany, NJ.
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