ALR Technologies Adds Board Members, Readies for Commercialization
Greater Adherence to Diabetes Management Plans Could Save Billions
Taglich Updates ALR Technologies (ALRT), Maintains 50 Cent Price Target
Analyst firm Taglich Brothers has updated their research report on ALR Technologies (OTCBB: ALRT). The New York-based firm has maintained their 50 cent, 12-month price target on ALRT and “Speculative Buy” rating based on five-year revenue potential for the company. Shares of ALRT closed trading on Wednesday at $0.0795; ahead 13.57% from Tuesday’s closing price.
The research update can be viewed here.
A look at the three-year weekly chart for ALR Technologies (OTCBB: ALRT) shows a baseline pattern and support at 6 cents with additional support at 7 cents. Higher lows have been progressively made over the three years with a top-end resistance at 24 cents. The chart is just above support as the MACD and RSI show a potential shift in trend, which could be signaling a potential move off the support again.
ALR Technologies to Host Investor Meeting to Discuss Diabetes Management Technology
ALR Technology Updates Shareholders on Diabetes Management System
ALR Technologies gave shareholders an update on corporate developments today as they move towards a product launch of their Health-e-Connect System for diabetes management. The company has moved their headquarters to the Washington D.C. area and reported that they have been meeting with industry leaders and policymakers to convey the extreme benefits of their proprietary system.
Medicare and Medicaid Waste in Focus as CMS Administrator Departs Position
New Technologies to Contain Waste in Diabetes Test Supplies
The Black Market for Diabetic Strips on Ebay - FOX News Baltimore ($ALRT)
The Black Market for diabetic electronic test strips is a growing concern. As reported by several television stations, it is becoming a "business" for many, but contains great risk for diabetics that are turning to those sources for supplies. The video provided in the article is just one of many, but spotlights just how prevalent the problem truly is.