Harvard Bioscience Inc. (HBIO) Sees Strong Trading Volume
Harvard Bioscience Inc. (NASDAQ:HBIO) shares saw strong trading volume on Thursday . 119,286 shares were traded during mid-day trading, an increase of 42% from the previous session’s volume of 84,016 shares.The stock last traded at $2.54 and had previously closed at $2.53.
Separately, Zacks Investment Research lowered Harvard Bioscience from a “hold” rating to a “sell” rating in a report on Thursday, May 5th.
The firm’s market cap is $87.84 million. The firm has a 50-day moving average price of $2.85 and a 200 day moving average price of $2.99.
Harvard Bioscience (NASDAQ:HBIO) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.03 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.03. The business had revenue of $26.10 million for the quarter, compared to analyst estimates of $26.60 million. On average, equities research analysts expect that Harvard Bioscience Inc. will post $0.16 EPS 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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