LeadingStockAlerts.com provides free stock reports for investors and day traders, simply by going to LeadingStockAlerts.com or by going to the link below, you can see all the daily information on Sequenom Inc. (OTCBB: SQNM). as a of 4:00 pm July 26, traded at $3.22 with a daily range between $3.20-$3.32.
Sequenom Inc. closed Friday at $3.22, at that time the company had a 52 week range between $2.65-$5.36. The 3 month average volume was 2,961,200 and the daily volume was 5,534,343. The company’s market cap was 370.86 million. You can get more information from your free stock report by going to leadingstockalerts.com or by going to the window below.
The company missed Wall Street expectations Friday, as they ended up with a loss and came up short on beating the revenue expectation. The adjusting earnings per share decreased to $0.27 in the quarter versus EOS of $0.26 in the year-earlier quarter. From the year earlier quarter, the Revenue rose 90.96%. Additionally, Sequenom Inc. reported adjusted EPS loss of $0.27 per share. The company missed the mean analyst estimate of $0.19 and the average estimate of $52.15 million.
Sequenom announced that payers who couldn't properly reimburse the company will have their services rolled back. Several analysts believe that this will cost the company market shares as a result.
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