AquaBounty Technologies (NASDAQ:AQB) Announces Quarterly Earnings Results

AquaBounty Technologies (NASDAQ:AQB) issued its earnings results on Thursday. The company reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. AquaBounty Technologies had a negative return on equity of 18.20% and a negative net margin of 5,842.69%.

AquaBounty Technologies Price Performance

Shares of AquaBounty Technologies stock opened at $0.77 on Friday. The company has a quick ratio of 2.98, a current ratio of 3.02 and a debt-to-equity ratio of 0.05. The company has a market cap of $2.96 million, a PE ratio of -0.04 and a beta of 1.28. The business has a 50 day moving average of $0.67 and a 200 day moving average of $0.77. AquaBounty Technologies has a 52 week low of $0.47 and a 52 week high of $2.03.

AquaBounty Technologies Company Profile

AquaBounty Technologies, Inc, a biotechnology company, operates in the aquaculture industry in the United States and Canada. The company engages in genetic, genomic, and fish health and nutrition research activities. It also operates salmon farms using proprietary technology. In addition, the company offers AquAdvantage Salmon, a genetically engineered Atlantic salmon for human consumption; and sells conventional Atlantic salmon, salmon eggs, fry, and byproducts.