Interpace Biosciences (NASDAQ:IDXG) Releases Quarterly Earnings Results, Misses Estimates By $0.37 EPS

Interpace Biosciences (NASDAQ:IDXG) announced its quarterly earnings data on Tuesday. The business services provider reported ($1.54) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.17) by ($0.37), Yahoo Finance reports. Interpace Biosciences had a negative return on equity of 251.52% and a negative net margin of 115.30%.

IDXG opened at $4.19 on Friday. The firm has a 50 day moving average price of $3.56 and a 200 day moving average price of $3.88. The company has a market cap of $16.94 million, a PE ratio of -0.49 and a beta of 1.23. Interpace Biosciences has a 1 year low of $2.57 and a 1 year high of $11.00. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.62 and a current ratio of 1.62.

Several research analysts have recently weighed in on the stock. Alliance Global Partners cut their price objective on shares of Interpace Biosciences from $9.25 to $7.00 and set a “buy” rating on the stock in a report on Thursday, October 22nd. Zacks Investment Research upgraded shares of Interpace Biosciences from a “sell” rating to a “hold” rating in a report on Monday, November 30th. Finally, HC Wainwright cut their price objective on shares of Interpace Biosciences from $11.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $9.67.

About Interpace Biosciences

Interpace Biosciences, Inc provides molecular diagnostic tests, bioinformatics, and pathology services for evaluating cancer risk in the United States. The company offers PancraGEN, a pancreatic cyst and pancreaticobiliary solid lesion genomic test that helps physicians better assess risk of pancreaticobiliary cancers using its PathFinderTG platform; and ThyGeNEXT, an oncogenic mutation panel to identify malignant thyroid nodules.

Read More: Dividend Reinvestment Plan (DRIP)

Earnings History for Interpace Biosciences (NASDAQ:IDXG)

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