DALLAS, Feb. 23, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Radient Pharmaceuticals Corp. (AMEX:RPC). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Radient Pharmaceuticals Corp. (RPC) is a Tustin, Calif.-based company focused on the discovery, development and commercialization of diagnostic tests that help physicians answer clinical questions related to early disease-state detection, treatment strategy and the monitoring of disease progression or recurrence. The Company offers its FDA-cleared In Vitro Diagnostic Onko-SureTest Kits for colon-rectal cancer recurrence monitoring.
RCP was incorporated in 1988. It has two subsidiaries: AMDL Diagnostics Inc., which is also located in Tustin, California; and Jade Pharmaceuticals Inc., which is located in Shenzhen, China.
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In the report, the analyst notes:
"Shares of RPC added $0.06, or 8.96%, to close at $0.73 Monday. Approximately 11.08 million shares have traded hands Tuesday compared with the stock's average daily volume of about 3.64 million shares. RPC has so far reached a 52-week high of $2.59, its 52-week low being $0.21. It is currently trading below its 50-day moving average of $0.82 and above its 200-day moving average of $0.64.
"For the three-month period ending September 30, 2010, RPC reported revenues of approximately $34,446 compared with revenues of approximately $2.7 million in the third quarter of fiscal year 2009."
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