Harvard Bioscience Inc. (HBIO) Sees Large Volume Increase
Shares of Harvard Bioscience Inc. (NASDAQ:HBIO) saw unusually-strong trading volume on Thursday . Approximately 161,338 shares traded hands during trading, an increase of 115% from the previous session’s volume of 75,177 shares.The stock last traded at $2.95 and had previously closed at $2.99.
Separately, Zacks Investment Research cut shares of Harvard Bioscience from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th.
The company’s market cap is $97.26 million. The company’s 50 day moving average is $3.09 and its 200-day moving average is $3.00.
Harvard Bioscience (NASDAQ:HBIO) last announced its earnings results on Thursday, July 28th. The company reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. The company had revenue of $26.10 million for the quarter, compared to the consensus estimate of $26.60 million. Equities analysts anticipate that Harvard Bioscience Inc. will post $0.17 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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