OncoCyte Corp (OCX) Lowered to Sell at Zacks Investment Research
OncoCyte Corp (NYSEAMERICAN:OCX) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.
According to Zacks, “OncoCyte Corporation is primarily focused on the development of novel, non-invasive blood and urine diagnostic tests for detection of cancer. OncoCyte Corporation is based in Alameda, California. “
Separately, ValuEngine downgraded shares of OncoCyte Corp from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th.
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A hedge fund recently raised its stake in OncoCyte Corp stock. Broadwood Capital Inc. grew its stake in OncoCyte Corp (NYSEAMERICAN:OCX) by 17.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 3,596,680 shares of the biotechnology company’s stock after acquiring an additional 540,000 shares during the period. OncoCyte Corp comprises 4.5% of Broadwood Capital Inc.’s investment portfolio, making the stock its 5th biggest holding. Broadwood Capital Inc. owned approximately 11.48% of OncoCyte Corp worth $27,155,000 as of its most recent filing with the SEC.
About OncoCyte Corp
OncoCyte Corporation is a development-stage biotechnology company focused in the field of regenerative medicine. The Company is developing molecular cancer diagnostics utilizing a discovery platform that focuses on identifying genetic markers expressed in various types of cancer. It operates through the research and development of diagnostic tests for the detection of cancer segment.
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