Buy or Bail? Cancer Genetics Inc (NASDAQ:VYNT)

Cancer Genetics Inc (NASDAQ:VYNT) is moving up in pre-open session after announcing quarterly results. The stock was up higher in pre-market trading, but has settled back a bit. The fact it traded above yesterday’s close could hint a bounce may be in the cards.

Market Action

As of 8:05, VYNT stock surged 4.17% to $3.50. So far more than 12K shares have exchanged hands.

VYNT Reports First Quarter 2021 Results

Vyant Bio Reports First Quarter 2021 Results and Provides Strategic Business Update

  • Total revenues increased 32%, or $54 thousand, to $222 thousand for the three months ended March 31, 2021, as compared with $168 thousand for the three months ended March 31, 2020.
  • Research and development expenses decreased by 19%, or $189 thousand to $820 thousand for the three months ended March 31, 2021 from $1.0 million for the three months ended March 31, 2020.
  • Cost of goods sold – service aggregated $89 thousand and $132 thousand, respectively, for the three months ended March 31, 2021 and 2020, resulting in a cost of goods sold of 77% and 97%, respectively, of service revenues.

Trader Notes

Share Information

SHARES OUTSTANDING28.98 M
SHARE FLOAT (%)24.68 M (85.15%)
% HELD BY INSTITUTIONS2.14

Recent Stock Performance

5-DAY PERF.+8.39%
1-MONTH PERF.-7.95%
3-MONTH PERF.-48.70%
6-MONTH PERF.+47.37%
YTD PERF.+21.30%
1-YEAR PERF.+18.73%

Moving Averages

+/- EMA(20)3.48 (-3.45%)
+/- SMA(50)4.43 (-24.15%)
+/- SMA(200)3.97 (-15.37%)

Pivot Points

NameS3S2S1Pivot PointsR1R2R3
Classic1.11671.14331.18671.21331.25671.28331.3267
Fibonacci1.14331.17011.18661.21331.24011.25661.2833

Technical Indicators

SymbolValueResultSymbolValueResult
ADX16.7966NeutralATR140.1132
CCI20-71.3152SellChaikin Money Flow-0.1565Sell
MACD-0.0840SellMoney Flow Index68.2670Sell
ROC-8.8889SellRSI43.9559Buy
STOCH (14,3)32.6923NeutralSTOCH RSI0.9749OverBought
UO50.4530SellWilliams %R-67.3077Neutral

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