Shares of Genetic Technologies Ltd (NASDAQ:GENE) traded at a new 52-week high today of $10.30. Approximately 121.9 million shares have changed hands today, as compared to an average 30-day volume of 64,000 shares.
In the past 52 weeks, Genetic Technologies Ltd share prices are bracketed by a current low of $0.50 and a high of $5.74 and is now at $1.85.
Genetic Technologies Ltd is an Australia-based molecular diagnostics company that offers predictive testing and assessment tools to help physicians proactively manage women’s health. The company has developed BREVAGenplus which is a clinically validated risk assessment test for non-hereditary breast cancer. It also provides genetic testing services including medical testing, animal testing, forensic testing, and plant testing. The company markets BREVAGenplus to healthcare professionals in breast health care and imaging centers, as well as to obstetricians/ gynecologists (OBGYNs) and breast cancer risk assessment specialists. The majority of the company’s revenue is generated from Australia and the United States.
Potential upside of 94.5% exists for Genetic Technologies Ltd, based on a current level of $1.85 and analysts’ average consensus price target of $3.60.
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