DALLAS, Aug. 4, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Sequenom Inc. (Nasdaq:SQNM). The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.
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The full report is available at: http://www.microstockprofit.com/lp/SQNM
SQNM has been relatively stable recently. This is evidenced by the width of its Bollinger Bands which are tighter than normal. Additionally, SQNM is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.
Sequenom Inc. (SQNM) is a diagnostic testing and genetics analysis company. The Company is focused on providing products, services, diagnostic testing, applications and genetic analysis products that translate the results of genomic science into solutions for biomedical research, translational research, molecular medicine applications, and agricultural, livestock and other areas of research. Its development and commercialization efforts in various diagnostic areas include non-invasive women's health-related and prenatal diagnostics, age-related macular degeneration diagnostics, oncology, infectious diseases, and other disorders and diseases. On February 27, 2009, the Company acquired certain assets of SensiGen, LLC.
Message Board Search for SQNM: http://www.boardcentral.com/boards/SQNM
In the report, the analyst notes:
"Total revenue for the first quarter of 2010 grew 22% to $10.6 million, compared with $8.7 million for the first quarter of 2009. The increase in revenue was due to higher systems and consumables sales over the same period last year.
"SQNM will report second quarter 2010 financial results after market close tomorrow, August 5, 2010. The company will conduct a conference call and an audio Web cast at 1:30 pm Pacific Time (4:30 pm Eastern Time) on the same day.
"Soleil Securities today upgraded SQNM to buy from hold, and has upgraded the price target on the stock to $8 from $6."
To read the entire report visit: http://www.microstockprofit.com/lp/SQNM
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