small-cap

One NASDAQ – Listed Pharma Stock Trading Near Resistance Zone: Fulgent Genetics, Inc

Jun 07, 2023 12:00 AM PDT | Team Kalkine
One NASDAQ – Listed Pharma Stock Trading Near Resistance Zone: Fulgent Genetics, Inc

Fulgent Genetics, Inc

Company Overview:  Fulgent Genetics, Inc. is a technology-based company with a clinical diagnostic business and a therapeutic development business. The Company's clinical diagnostic business offers molecular diagnostic testing services, genetic testing, and anatomic pathology laboratory services designed to provide physicians and patients with clinically actionable diagnostic information.

As per our previous daily report published on FLGT on 22nd December 2022, Kalkine provided a ‘Buy’ stance on the stock at USD 31.33 based on ‘Robust financial health, better liquidity position and valuation done, and the stock price has now moved by ~30.7% since then and the stock has moved above R1 and R2 mentioned in the report.

Noted below are the details of support and resistance levels provided in our previous report:

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