The creator of the coronavirus test brushes the 1,000% increase in the stock market.
The French company Novacyt, creator of the test to detect COVID-19, coronavirus, the coronavirus causing the epidemic originated in China, continues its escalation in the Paris Stock Exchange, where profits so far this year are close to 1,000%.
After registering a 1.300% increase, the price of the titles of this specialist of the clinical diagnosis lost 50% in two days at the end of last week, but recovered brio at the beginning of the current one, coinciding with the emergence of the virus in Italy.
Three hours before the end of the session, its action rises more than 30% on Monday, which places its annual improvement by more than 900%, 750% in the last month.
Thanks to that pull, the group, which in 2018 billed a little less than 14 million euros, recovered all the land lost in its price during the last years.
The coronavirus detection test was launched on January 31 by the company and announced as the only one that allows the strain to be differentiated from the current epidemic from others, which avoids false diagnoses.