Today’s Research Reports on Stocks to Watch: TearLab and HTG Molecular Diagnostics
NEW YORK, NY / ACCESSWIRE / April 4, 2017 / TearLab fell 13.73% to close at $2.45 on Monday. The stock traded between $2.40 and $2.91 on volume of 630,182 shares traded. The company reported its 4th quarter and year-end financial results. It reported total 2016 revenues of $28 million, which is an increase of 11% when compared to revenues of $25.2 million a year ago.
TearLab received a CE Mark approval for its next generation platform in March, which results in regulatory clearance to market its products in the European Union and European Free Trade Association member countries. Other regulatory approvals included the Comisión Federal para la Protección contra Riesgos Sanitarios in Mexico and the Republic of Korea by the Ministry of Health and Welfare. Its TearLab Osmolarity System was made available in the Republic of India through its international partner, My HealthSkape PVT Ltd.
Access RDI’s TearLab Research Report at: https://ub.rdinvesting.com/news/?ticker=TEAR
HTG Molecular Diagnostics dropped 9.39% to close at $6.27 on Monday. The stock traded between $6.21 and $6.83 on volume of 1.7 million shares traded. The company had announced its 4th quarter and 2016 full year financial report on March 23rd of this year. It posted an operating loss of $24.3 million, an increase of $5.8 million from the previous year.
Access RDI’s HTG Molecular Research Report at: https://ub.rdinvesting.com/news/?ticker=HTGM
Our Actionable Research on TearLab Corp. (NASDAQ: TEAR) and HTG Molecular Diagnostics Inc. (NASDAQ: HTGM) can be downloaded free of charge at Research Driven Investing.
RDI Initiates
Coverage on:
TearLab Corp. https://ub.rdinvesting.com/news/?ticker=TEAR
HTG Molecular
Diagnostics Inc. https://ub.rdinvesting.com/news/?ticker=HTGM
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