Novacyt (LON:NCYT) Stock Price Up 0.2% – What’s Next?

Novacyt S.A. (LON:NCYT) shares were up 0.2% on Wednesday . The company traded as high as GBX 40.55 ($0.54) and last traded at GBX 40.40 ($0.54). Approximately 31,573 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 136,375 shares. The stock had previously closed at GBX 40.30 ($0.53).

Novacyt Trading Up 0.2%

The company has a debt-to-equity ratio of 1.92, a quick ratio of 4.46 and a current ratio of 4.04. The business has a fifty day moving average of GBX 43.08 and a two-hundred day moving average of GBX 44.90. The firm has a market cap of £27.92 million, a price-to-earnings ratio of -0.74 and a beta of -1.86.

Novacyt (LON:NCYT) last posted its earnings results on Wednesday, April 30th. The company reported GBX (55) (($0.73)) earnings per share (EPS) for the quarter. Novacyt had a negative net margin of 203.06% and a negative return on equity of 47.73%.

About Novacyt

Novacyt is an international molecular diagnostics company providing a broad portfolio of integrated technologies and services, primarily focused on the delivery of genomic medicine. The Company develops, manufactures, and commercialises a range of molecular assays and instrumentation to deliver workflows and services that enable seamless end-to-end solutions from sample to result across multiple sectors including human health, animal health and environmental.

The Company is divided into three business segments:

Clinical
Broad portfolio of human clinical in vitro diagnostic products, workflows and services focused on three therapeutic areas:
· Reproductive Health: NIPT, Cystic Fibrosis and other rapid aneuploidy tests
· Precision Medicine: DPYD genotyping assay
· Infectious Diseases: Winterplex, multiplex winter respiratory PCR panel

Instrumentation
Portfolio of next generation size selection DNA sample preparation platforms and rapid PCR machines, including:
· Ranger® Technology: automated DNA sample preparation and target enrichment technology
MyGo: real-time quantitative PCR (qPCR) instruments

Research Use Only
Range of services for the life sciences industry:
· Design, manufacture, and supply of high-performance qPCR assays and workflows for use in human health, agriculture, veterinary and environmental, to support global health organisations and the research industry
· Pharmaceutical research services: whole genome sequencing (WGS) / whole exome sequencing (WES)

Novacyt is headquartered in Vélizy-Villacoublay in France with offices in the UK (in Stokesley, Eastleigh and Manchester), Taipei, Singapore, the US and Canada and has a commercial presence in over 65 countries.