Cancer Genetics Inc (NASDAQ:CGIX) Director John Pappajohn purchased 150,000 shares of the stock in a transaction dated Friday, December 8th. The stock was acquired at an average price of $1.86 per share, for a total transaction of $279,000.00. Following the completion of the transaction, the director now directly owns 2,781,204 shares of the company’s stock, valued at $5,173,039.44. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Cancer Genetics Inc (CGIX) traded down $0.40 on Monday, hitting $1.95. 3,136,900 shares of the company traded hands, compared to its average volume of 252,296. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.18. Cancer Genetics Inc has a fifty-two week low of $1.30 and a fifty-two week high of $5.30.
Several research firms have recently commented on CGIX. Zacks Investment Research upgraded shares of Cancer Genetics from a “sell” rating to a “hold” rating in a research report on Wednesday, November 29th. HC Wainwright set a $6.00 price target on shares of Cancer Genetics and gave the company a “buy” rating in a research report on Wednesday, November 29th. ValuEngine lowered shares of Cancer Genetics from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st. Finally, Maxim Group assumed coverage on shares of Cancer Genetics in a research report on Thursday. They issued a “buy” rating and a $6.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $5.56.
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Cancer Genetics Company Profile
Cancer Genetics, Inc is a United States-based company, which is engaged in the field of personalized medicine. The Company offers diagnostic products and services that enable precision medicine in the field of oncology through molecular markers and diagnostics. The Company offers a range of laboratory services that provide genomic and biomarker information.
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