Shares of Harvard Bioscience Inc. (NASDAQ:HBIO) shot up 1.6% during trading on Friday . The stock traded as high as $2.64 and last traded at $2.60, with a volume of 66,234 shares trading hands. The stock had previously closed at $2.56.

Separately, Zacks Investment Research cut Harvard Bioscience from a “hold” rating to a “sell” rating in a report on Tuesday, August 2nd.

The firm’s market capitalization is $89.90 million. The company’s 50 day moving average is $2.84 and its 200-day moving average is $2.99.

Harvard Bioscience (NASDAQ:HBIO) last announced its earnings results on Thursday, July 28th. The company reported $0.03 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.03. The business had revenue of $26.10 million for the quarter, compared to analysts’ expectations of $26.60 million. Equities analysts anticipate 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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