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| SeeThruEquity Updates Research on PSID with .20 Price Target |
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 Hot Stock to Watch |
Company: PositiveID Corporation (OTCQB: PSID)
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Last:
Price: 0.0198
Change (%): + 0.0001 (0.50)
Volume: 206,998 |
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SeeThruEquity Issues Company Note on PositiveID (OTCQB: PSID)
NEW YORK, NY / ACCESSWIRE / January 25, 2016 / SeeThruEquity, a leading independent equity research and corporate access firm focused on small-cap and micro-cap public companies, today announced it has issued a company note on PositiveID Corporation (OTCQB: PSID).
PositiveID Corporation, (OTCQB: PSID, “PositiveID”), is a life sciences company focused on developing and commercializing innovative products for biological testing, detection, and diagnostics. The company’s flagship product, the Firefly Dx,is a real-time, handheld molecular diagnostic system that utilizes polymerase chain reaction (PCR) chemistry, which is designed to be used in the field for biological threat and infectious disease detection without the use of bulky lab equipment. PositiveID has amassed an impressive list of customers and partners, including the U.S. Department of Homeland Security, NASA, and the U.S. Department of Defense, among others. PositiveID has continued to evolve since our last research update, with the completion of two complementary acquisitions that promise to augment its revenue base while expanding its capabilities to include complementary areas such as mobile labs and next generation thermometers. In our view, the acquisitions should help PositiveID benefit from scale and potentially obtain profitability as it advances development of the Firefly Dx, which is now expected to reach commercial stage during calendar year 2017E.
The report is available here: PSID January 2016 Update Note. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack’s. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.
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