Scientific Industries (OTCMKTS:SCND) Releases Earnings Results

Scientific Industries (OTCMKTS:SCND) posted its quarterly earnings data on Wednesday. The company reported ($0.02) EPS for the quarter, Zacks reports. Scientific Industries had a negative return on equity of 71.75% and a negative net margin of 62.14%.

Scientific Industries Stock Down 16.0%

OTCMKTS:SCND traded down $0.12 during mid-day trading on Wednesday, hitting $0.63. 68,222 shares of the company traded hands, compared to its average volume of 9,513. The stock’s fifty day moving average price is $0.70 and its 200-day moving average price is $0.71. Scientific Industries has a one year low of $0.42 and a one year high of $1.39. The firm has a market cap of $7.46 million, a price-to-earnings ratio of -1.08 and a beta of 0.43.

About Scientific Industries

Scientific Industries, Inc engages in the design, manufacture, and marketing of benchtop laboratory equipment and bioprocessing systems in the United States, Germany, and internationally. It offers vortex mixers to mix the contents of test tubes, beakers, and other containers by placing such containers on a rotating cup or other attachments; and various mixers and shakers, such as high-speed touch mixers, mixers with an integral timer, cell disruptors, bead beaters, microplate mixers, vortex mixers, two large capacity multi-vessel vortex mixers, and orbital shakers.