VolitionRX Ltd (NYSEMKT:VNRX)‘s stock had its “buy” rating restated by investment analysts at HC Wainwright in a report issued on Monday. They currently have a $10.00 target price on the medical research company’s stock. HC Wainwright’s price objective points to a potential upside of 175.48% from the stock’s current price.
VolitionRX (VNRX) traded up $0.24 during mid-day trading on Monday, reaching $3.63. 106,214 shares of the company traded hands, compared to its average volume of 47,499. VolitionRX has a 1 year low of $2.08 and a 1 year high of $5.45.
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Several hedge funds have recently made changes to their positions in the company. Lagoda Investment Management L.P. grew its holdings in shares of VolitionRX by 7.4% in the 2nd quarter. Lagoda Investment Management L.P. now owns 3,155,692 shares of the medical research company’s stock valued at $11,171,000 after buying an additional 216,613 shares during the period. Leisure Capital Management acquired a new position in shares of VolitionRX in the 3rd quarter valued at $193,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of VolitionRX by 177.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 30,376 shares of the medical research company’s stock valued at $108,000 after buying an additional 19,414 shares during the period.
VolitionRX Company Profile
VolitionRx Limited is a clinical-stage life sciences company. The Company is focused on developing blood-based diagnostic tests for detecting and diagnosing cancer and other diseases. The Company has developed approximately 30 blood-based assays to detect specific biomarkers that can be used individually or in combination to generate a profile, which forms the basis of a test for a particular cancer or disease.
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