Biocorrx (OTCMKTS:BICX) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Biocorrx Inc. (OTCMKTS:BICXGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.37 and traded as low as $0.34. Biocorrx shares last traded at $0.34, with a volume of 750 shares traded.

Biocorrx Stock Down 15.0%

The firm’s 50 day moving average price is $0.37 and its two-hundred day moving average price is $0.35. The firm has a market capitalization of $10.03 million, a PE ratio of -2.12 and a beta of 0.17.

Biocorrx (OTCMKTS:BICXGet Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.03. The firm had revenue of $0.21 million for the quarter, compared to analysts’ expectations of $0.22 million.

About Biocorrx

(Get Free Report)

BioCorRx Inc, through its subsidiaries, develops and provides treatment programs for substance abuse and related disorders in the United States. It distributes and licenses BioCorRx recovery program, a non-addictive and medication-assisted treatment program that includes a counseling program coupled with its proprietary naltrexone implant; and distributes UnCraveRx weight loss management program, a medically assisted weight management program to reduce food cravings combined with on-demand virtual lifestyle support, fitness, and nutrition.

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