DALLAS, June 14, 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: www.microstockprofit.com/lp/RPC
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.
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In the report, the analyst notes:
"Shares of RPC spiked more than 19% to close Monday at $0.25. About 13.98 million shares have traded hands during the session, versus the 10-day average volume of 2.87 million. PMI has so far reached a 52-week high of $4.68, its 52-week low being $0.14. The stock is currently below its 50-day and 200-day moving averages of $0.31 and $0.52, respectively."
"RPC shares were boosted last week after Dr. Umesh Bhatia Ph.D, a senior advisor for RPC in India, revealed that his group has secured a major new partnership that should clearly benefit RPC and is expected to impact the Company's bottom line."
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