OncoCyte Corp (OCX) Downgraded by Zacks Investment Research to Sell

Zacks Investment Research lowered shares of OncoCyte Corp (NYSEAMERICAN:OCX) from a hold rating to a sell rating in a report published 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 lowered OncoCyte Corp from a hold rating to a sell rating in a report on Friday, July 28th.

Shares of OncoCyte Corp (NYSEAMERICAN OCX) opened at $4.30 on Friday. OncoCyte Corp has a fifty-two week low of $3.60 and a fifty-two week high of $7.95.

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An institutional investor recently raised its position in OncoCyte Corp stock. Broadwood Capital Inc. grew its holdings in OncoCyte Corp (NYSEAMERICAN:OCX) by 17.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,596,680 shares of the biotechnology company’s stock after acquiring an additional 540,000 shares during the period. OncoCyte Corp comprises about 4.5% of Broadwood Capital Inc.’s investment portfolio, making the stock its 5th biggest position. Broadwood Capital Inc. owned about 11.48% of OncoCyte Corp worth $27,155,000 at the end of the most recent quarter.

OncoCyte Corp Company Profile

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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