StockIceMan's Weekly Stock Pick
Week of
March 5, 2007
| Stock: |
Bio-Imaging Technologies, Inc. |
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| Ticker Symbol: |
BITI - Nasdaq - Healthcare |
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| Buy: |
7.75 to 8.25 |
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| Sell: |
12.00 |
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Info: |
Bio-Imaging Technologies,
Inc. provides medical image management for
clinical trials in the United States. It offers
services, including the processing and analysis
of medical images and the data-basing and
regulatory submission of medical images,
quantitative data, and text to support the
product development process of the
pharmaceutical, biotechnology, and medical
device industries. The company assists its
clients in the design and management of the
medical imaging component of clinical trials for
various modalities, which consist of
computerized tomography, magnetic resonance
imaging, x-rays, dual energy x-ray
absorptiometry, positron emission tomography,
single photon emission computerized tomography,
quantitative coronary angiography, cardiac
magnetic resonance imaging and computerized
tomography, intravascular ultrasound, peripheral
quantitative angiography, and ultrasound. It
also provides Personal Health Record software
and Personal HealthKey technology that enable
users to manage and store personal health
information, including their medical images on
the privacy of their desktop computer, while
linking directly to sponsor-directed resources,
such as drug information, patient education, or
disease guidelines. The company was incorporated
as Wise Ventures, Inc. in 1987 and changed its
name to Bio-Imaging Technologies, Inc. in 1991.
Bio-Imaging Technologies is based in Newtown,
Pennsylvania |
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| Financial Info: |
For the fiscal year ended
12/31/2006, revenues rose 33% to $40.5 million.
Net income totaled $1 million, vs. a loss of
$2.5 million |
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| Key Ratios: |
Current
Ratio: 1.687, Total Debt/Equity: 0.029, Trailing
P/E: 98.05x, Forward P/E: 28.71x, Price/Book:
4.79, Price/Sales: 2.23 |
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| Share Info: |
There are 11.28
million shares outstanding with 8.48
million shares in the trading
float. Institutions own
approximately 45.90% of the shares outstanding.
There have been no insider purchases and 26
insider sales totaling 79,498 shares in the last six months.
Real-Time SEC
Filings
As of 2/12/2007, there were 288,860 shares short.
Net Institutional Buying: 182,168 shares prior to latest
quarter. |
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| Articles: |
UPDATE - TABLE-Bio-Imaging
posts Q4 profit |
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