Harvard Bioscience Inc. (HBIO) Stock Price Down 1.5%
Harvard Bioscience Inc. (NASDAQ:HBIO) was down 1.5% during trading on Monday . The stock traded as low as $2.60 and last traded at $2.61, with a volume of 62,285 shares trading hands. The stock had previously closed at $2.65.
Separately, Zacks Investment Research upgraded Harvard Bioscience from a “sell” rating to a “hold” rating in a research note on Tuesday, July 12th.
The stock’s market cap is $89.56 million. The company’s 50 day moving average is $2.88 and its 200-day moving average is $3.00.
Harvard Bioscience (NASDAQ:HBIO) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.03 earnings per share for the quarter, meeting the consensus estimate of $0.03. The company earned $26.10 million during the quarter, compared to analyst estimates of $26.60 million. On average, equities analysts expect that Harvard Bioscience Inc. will post $0.16 earnings per share for the current fiscal year.
Harvard Bioscience, Inc is a developer, manufacturer and marketer of a range of specialized products, apparatus and scientific instruments. The Company’s products are used to advance life science research at pharmaceutical and biotechnology companies, universities and government laboratories across the world.
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