HTG Molecular Diagnostics – Consensus Indicates Potential 166.2% Upside

Broker Ratings

HTG Molecular Diagnostics found using ticker (HTGM) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 15 and 6 calculating the average target price we see 12.75. Now with the previous closing price of 4.79 this indicates there is a potential upside of 166.2%. The day 50 moving average is 4.96 and the 200 day moving average is 6.44. The company has a market capitalisation of $24m. Find out more information at: http://www.htgmolecular.com

HTG Molecular Diagnostics a commercial stage life sciences company, focuses on the precision medicine. The company offers instrumentation; consumables comprising assay kits; and software that automate sample processing and profiles various molecular targets. Its platforms generate a molecular profiling library for detection using next-generation sequencing. The company’s marketed panels include HTG EdgeSeq oncology biomarker panel; HTG EdgeSeq immuno-oncology assay; HTG EdgeSeq DLBCL cell of origin assay; HTG EdgeSeq path assay; HTG EdgeSeq miRNA whole-transcriptome assay; HTG EdgeSeq DLBCL cell of origin assay EU; HTG EdgeSeq ALKPlus assay EU;HTG EdgeSeq precision immuno-oncology panel; HTG lung fusions assay; HTG autoimmune panel; and HTG mouse mRNA tumor response panel. It serves biopharmaceutical companies, academic research centers, and molecular testing laboratories. HTG Molecular Diagnostics distributes its instruments and consumables directly in the United States and Europe; and through distributors in parts of Europe and internationally. The company has a governing agreement with QIAGEN Manchester Limited; and an agreement with Illumina for the development of nuclease-protection-based RNA or DNA profiling tests. The company was formerly known as HTG and changed its name to HTG Molecular Diagnostics in March 2011. HTG Molecular Diagnostics was incorporated in 1997 and is based in Tucson, Arizona.

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