VNRX Stock Summary and Trading Ideas (Volitionrx | AMEX:VNRX)

VolitionRX Ltd is a United States-based epigenetics company that applies its Nucleosomics platform through its subsidiaries to develop simple, easy-to-use, cost-effective blood tests to help diagnose and monitor a range of life-altering diseases including some cancers and diseases associated with NETosis such as sepsis and COVID-19. The tests are based on the science of Nucleosomics, which is the practice of identifying and measuring nucleosomes in the bloodstream or other bodily fluid - an indication that disease is present. The company is focused on human diagnostics and monitoring but also has a subsidiary focused on animal diagnostics and monitoring.

Volitionrx trades on the AMEX stock market under the symbol VNRX.

As of April 24, 2024, VNRX stock price declined to $0.80 with 146,604 million shares trading.

VNRX has a beta of 0.77, meaning it tends to be less sensitive to market movements. VNRX has a correlation of 0.01 to the broad based SPY ETF.

VNRX has a market cap of $65.65 million. This is considered a Micro Cap stock.

Last quarter Volitionrx reported $243,973 in Revenue and -$.11 earnings per share. This fell short of revenue expectation by $-206,027 and met earnings estimates .

In the last 3 years, VNRX stock traded as high as $4.14 and as low as $.55.

The top ETF exchange traded funds that VNRX belongs to (by Net Assets): VXF, IWC.

VNRX has underperformed the market in the last year with a return of -54.8%, while the SPY ETF gained +24.2%. In the last 3 month period, VNRX fell short of the market, returning -24.5%, while SPY returned +4.6%. However, in the most recent 2 weeks VNRX has outperformed the stock market by returning +9.4%, while SPY returned -2.7%.

VNRX support price is $.80 and resistance is $.91 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VNRX stock will trade within this expected range on the day.