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GENinCode UK Ltd. ( (GB:GENI) ) has shared an update.
GENinCode Plc has announced a collaboration with the North Central London Cancer Alliance and University College London Hospitals NHS Foundation Trust to launch the Risk of Ovarian Cancer Algorithm (ROCA) surveillance service. This service is the first of its kind in the UK, offering women at high risk of ovarian cancer due to BRCA1 or BRCA2 gene alterations a surveillance option to defer preventative surgery. The ROCA Test, which calculates individual risk based on clinical factors, has shown a 44% reduction in late-stage ovarian cancer detections and is expected to provide cost savings to the NHS. This initiative marks a significant advancement in offering high-risk women a viable alternative to immediate surgery, enhancing early detection and treatment outcomes.
The most recent analyst rating on (GB:GENI) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on GENinCode UK Ltd. stock, see the GB:GENI Stock Forecast page.
Spark’s Take on GB:GENI Stock
According to Spark, TipRanks’ AI Analyst, GB:GENI is a Neutral.
The overall stock score is primarily impacted by the company’s financial performance, which is marked by persistent losses and cash flow challenges. Despite strong technical indicators suggesting positive momentum, the negative valuation metrics due to ongoing losses weigh heavily on the score. The lack of earnings call data and corporate events further limits the assessment.
To see Spark’s full report on GB:GENI stock, click here.
More about GENinCode UK Ltd.
GENinCode Plc is a UK-based company that specializes in genetic risk assessment for cardiovascular disease and ovarian cancer. The company operates in the UK, Europe, and the United States, providing predictive technology that combines clinical algorithms and AI bioinformatics to advance patient risk assessment and preventive care strategies.
Average Trading Volume: 1,089,741
Technical Sentiment Signal: Buy
Current Market Cap: £12.62M
For a thorough assessment of GENI stock, go to TipRanks’ Stock Analysis page.