Harvard Bioscience Inc. (HBIO) Sees Large Volume Increase
Harvard Bioscience Inc. (NASDAQ:HBIO) saw unusually-high trading volume on Thursday . Approximately 119,286 shares traded hands during 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 raised Harvard Bioscience from a “sell” rating to a “hold” rating in a research note on Tuesday, July 12th.
The stock’s market capitalization is $89.90 million. The stock’s 50 day moving average is $2.84 and its 200 day moving average is $2.99.
Harvard Bioscience (NASDAQ:HBIO) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03. The firm had revenue of $26.10 million for the quarter, compared to analyst estimates of $26.60 million. Equities research analysts anticipate that Harvard Bioscience Inc. will post $0.16 earnings per share for the current 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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