Veracyte Inc. (VCYT) Plunges 5.33% on December 02

Equities Staff  |

Veracyte Inc. (VCYT) had a rough trading day for Monday December 02 as shares tumbled 5.33%, or a loss of $-1.53 per share, to close at $27.19. After opening the day at $28.75, shares of Veracyte Inc. traded as high as $28.75 and as low as $27.16. Volume was 654,988 shares over 5,075 trades, against an average daily volume of n/a shares and a total float of 48.84 million.

As a result of the decline, Veracyte Inc. now has a market cap of $1.33 billion. In the last year, shares of Veracyte Inc. have traded between a range of $31.18 and $10.72, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Veracyte Inc., check out Equities.com’s Stock Valuation Analysis report for VCYT.

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Veracyte Inc is a genomic diagnostics company. It provides genomic diagnostic products and services to improve patient care against the diseases such as thyroid cancer, lung cancer and idiopathic pulmonary fibrosis. The firm's product portfolio consists of products such as Afirma analysis, Percepta, Envisia and others. The company derives its revenues from the Sale of Afirma analysis product.

Veracyte Inc. is based out of South San Francisco, CA and has some 270 employees. Its CEO is Bonnie H. Anderson.

Veracyte Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Veracyte Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: VCYT’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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