Scientific Industries (OTCMKTS:SCND) Trading 38.9% Higher – What’s Next?

Scientific Industries Inc. (OTCMKTS:SCND) traded up 38.9% during mid-day trading on Thursday . The stock traded as high as $0.75 and last traded at $0.75. 4,375 shares were traded during mid-day trading, an increase of 913% from the average session volume of 432 shares. The stock had previously closed at $0.54.

Scientific Industries Price Performance

The business’s 50 day moving average price is $0.69 and its 200 day moving average price is $0.64. The firm has a market cap of $8.95 million, a PE ratio of -5.77 and a beta of 0.35.

Scientific Industries Company Profile

Scientific Industries, Inc (OTCMKTS:SCND) is a manufacturer and distributor of laboratory equipment and life science research tools. The company specializes in the design, development and production of sample mixing and handling instruments, including vortex mixers, tube shakers, decappers and digital homogenizers. These products are employed across a range of settings such as academic research laboratories, pharmaceutical and biotechnology firms, clinical diagnostic centers and industrial quality-control facilities.

Since its inception in the mid-20th century, Scientific Industries has focused on durability, precision and user-friendly design in its portfolio.