Biocorrx (OTCMKTS:BICX) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Biocorrx Inc. (OTCMKTS:BICX) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.34 and traded as low as $0.2230. Biocorrx shares last traded at $0.2230, with a volume of 16,500 shares traded.

Biocorrx Stock Performance

The company has a market capitalization of $6.64 million, a price-to-earnings ratio of -1.86 and a beta of 0.19. The company has a fifty day simple moving average of $0.31 and a two-hundred day simple moving average of $0.34.

Biocorrx (OTCMKTS:BICX) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. The business had revenue of $0.09 million during the quarter, compared to analysts’ expectations of $0.24 million.

Biocorrx Company Profile

BioCorRx Inc, through its subsidiaries, develops and provides treatment programs for substance abuse and related disorders in the United States. It distributes and licenses BioCorRx recovery program, a non-addictive and medication-assisted treatment program that includes a counseling program coupled with its proprietary naltrexone implant; and distributes UnCraveRx weight loss management program, a medically assisted weight management program to reduce food cravings combined with on-demand virtual lifestyle support, fitness, and nutrition.