VolitionRX (NYSEAMERICAN:VNRX) Stock Passes Below 50 Day Moving Average – What’s Next?

Shares of VolitionRX Limited (NYSEAMERICAN:VNRXGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.28 and traded as low as $0.2660. VolitionRX shares last traded at $0.2850, with a volume of 6,574,460 shares changing hands.

VolitionRX Trading Up 13.5%

The company has a market cap of $37.33 million, a price-to-earnings ratio of -1.24 and a beta of 1.23. The firm’s 50-day moving average price is $0.28 and its 200 day moving average price is $0.47.

About VolitionRX

(Get Free Report)

VolitionRX, traded as VNRX on the NYSE American exchange, is a pioneering life sciences company focused on the development and commercialization of minimally invasive diagnostic tests for the early detection of cancer and other diseases. Utilizing proprietary technology to analyze circulating nucleosomes in blood samples, the company’s platform identifies disease-specific epigenetic and biochemical signatures. By offering blood-based screening solutions, VolitionRX aims to deliver alternatives to invasive, costly and time-consuming procedures, potentially improving patient outcomes through earlier diagnosis.

The company’s flagship product suite, branded as Nu.Q, comprises assays designed to detect biomarkers associated with a range of malignancies, including colorectal, lung and pancreatic cancers, as well as other systemic conditions.

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