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Genedrive (GDR) Shares Fall After Overcoming Technical Hurdles

Shares of Genedrive (LON: GDR) have fallen on Thursday after the company said, in an update on its Covid-19 test kit, that it has "overcome significant technical hurdles". Genedrive has been developing a new Point of Care (PoC) molecular workflow

Sam Boughedda
Novacyt Shares Are Down 61.4%, Can They Reverse Course and Rally on New Tests?

Shares of Novacyt SA (LON: NCYT) are down 61.4% in 2021. Can they reverse course and head higher after the recent launch of two new COVID-19 tests? The decline in the medical diagnostics company’s shares was driven by the loss of the Department of

Simon Mugo
Ocuphire Pharma (OCUP) Stock Surges On Positive VEGA-1 Phase 2 Trial Results

Shares of Ocuphire Pharma (Nasdaq: OCUP) are rallying after the company reported that the VEGA-1 Phase 2 clinical trial evaluating Nyxol in combination with low-dose pilocarpine (LDP) in presbyopic subjects successfully met its primary and many secon

Sam Boughedda
Guild Esports (GILD) On Track To Hit Revenue Targets, Shares Down

Guild Esports' (LON: GILD) share price is down on Wednesday despite the company stating that it is on track to achieve its first-year sponsorship revenue targets. In its interim results for the six months ending March 31, the company also said tha

Sam Boughedda
Bushveld Minerals Shares Fell 7.12% Breaking Below Support, How Far Can They Go?

Shares of Bushveld Minerals Limited (LON: BMN) fell 7.12%, breaking below a crucial support level in place since December 2020 after the miner released its fiscal 2020 results. Will they keep falling? The company sold a record 3,842 tonnes of Vana

Simon Mugo
i3 Energy (I3E) Shares Jump on Wapiti Production Acquisition

i3 Energy (LON: I3E) shares are rallying on Wednesday after the company said it has now executed a binding sales and purchase agreement to acquire 230 barrels of oil per day of Wapiti production. The deal is a non-core asset to the seller, with i3

Sam Boughedda
Xtract Resources (XTR) Shares Are Trading Sideways Despite Upbeat FY 2020 Results

Shares of Xtract Resources PLC (LON: XTR) are trading sideways despite releasing positive results for the 2020 calendar year as markets remain unmoved. The report highlights included a jump in revenues to £1.73 million compared to 2019’s £1.35 mil

Simon Mugo
Catenae Innovation (CTEA) Share Price Falls as Losses Widen

Digital media and technology company Catenae Innovation's (LON: CTEA) share price plunged on Wednesday after the company reported a widened loss for the first half of the year. The AIM-quoted firm reported a pretax loss of £586,798 for H1, compare

Sam Boughedda
Bluerock Diamonds Shares Plunged 5.3% Despite a Positive Update, 2020 Results

Shares of Bluerock Diamonds PLC (LON: BRD) plunged 5.3% despite revealing that it expects to complete the expansion project at its Kareevlei diamond mine in South Africa soon. The diamond mining company intends to reach full production in August t

Simon Mugo
Getech Group (GTC) Shares Rise On Sale of Data and Studies

Shares of Getech Group (LON: GTC) are climbing after the company revealed it has made a "significant" sale of its geoscience data and a regional study package. The company, which provides geoscience data, software and analytic products and service

Sam Boughedda
Papa John’s (PZZA) Announces Germany Expansion, Shares Edge Higher

Papa John's (NASDAQ: PZZA) share price is edging slightly higher after the announcement that it will expand into Germany in partnership with its franchise partner PJ Western Group. The company plans to open 250 restaurants in the German market ove

Sam Boughedda
Zoom (ZM) to Acquire Kites GmbH, Shares Flat

Zoom Video Communications (NASDAQ: ZM) announced on Tuesday that it has signed a definitive agreement to acquire Karlsruhe Information Technology Solutions - Kites GmbH. Kites GmbH, a start-up dedicated to developing real-time Machine Translation

Sam Boughedda
Thor Mining Shares Rallied 5.82% on Positive Drill Results From Alford East, Later Fell

Shares of Thor Mining Plc (LON: THR) spiked 5% higher after announcing upbeat preliminary drill results from its Alford East copper-gold project in South Australia. The company took copper readings from two holes drilled at the project using an in

Simon Mugo
Cerevel Therapeutics (CERE) Stock Surges on Positive CVL-231 Phase 1b Trial Results

Shares of Cerevel Therapeutics (NASDAQ: CERE) have surged premarket on Tuesday after the company reported positive results from its Phase 1b clinical trial of CVL-231 in adult patients with schizophrenia. Cerevel said CVL-231 was generally well-to

Sam Boughedda
Oxford BioMedica Shares Are Up 27.9% This Year but Have Hit Resistance. What’s Next?

Shares of Oxford BioMedica plc (LON: OXB) are up 27.9% this year and appear to have recently hit a significant resistance level leading to a sideways trading pattern as buyers build up momentum for a push higher. A recent article in TheTimes highl

Simon Mugo
Supply@ME (SYME) Shares Rise As It Considers Italian Fintech Bank Investment

Supply@ME shares are rising on Tuesday after releasing an update regarding its captive bank funding strategy, stating the possibility of a direct investment into a fintech bank owned by an Italian banking group. 

Sam Boughedda
Midatech Pharma (MTPH) Shares Fall After Raising £10m

Shares of Midatech Pharma (LON: MTPH) have fallen after the company raised £10 million by placing over 35 million new ordinary shares at an issue price of 0.285p. The issue price represents a discount of approximately 12.3% to the closing price of

Sam Boughedda
IQE Shares Are Down 35.2% in 2021 and Are Trading at Support, Have They Bottomed?

Shares of IQE plc (LON: IQE) are down 35.2% in 2021 despite the semiconductor manufacturer making several positive announcements as investor sentiment remained decidedly bearish. Therefore, many investors and traders wonder whether the company’s s

Simon Mugo
Challenger Energy Shares Unmoved Despite Releasing a Positive Operations Update

Shares of Challenger Energy Group PLC (LON: CEG) were largely unmoved despite releasing a positive operations update for the five-month period to 30 December 2021. The oil company noted that it gross production from its five well in Trinidad was 6

Simon Mugo
Interest in 4D Pharma Shares Spiked Higher As Investors Anticipate CEO’s Fireside Chat

Investor interest in 4d Pharma PLC (LON: DDDD) shares spiked higher earlier today after the company announced its top executives would participate in a fireside chat at the virtual Ladenburg Thalmann Healthcare Conference on Tuesday, July 13, 2021.

Simon Mugo