Scientific Industries Inc. (OTCMKTS:SCND – Get Free Report) dropped 3.8% during mid-day trading on Monday . The stock traded as low as $0.6736 and last traded at $0.6736. Approximately 330 shares changed hands during trading, a decline of 87% from the average session volume of 2,488 shares. The stock had previously closed at $0.70.
Scientific Industries Stock Performance
The firm has a market capitalization of $8.04 million, a P/E ratio of -2.41 and a beta of 0.29. The business has a fifty day moving average of $0.69 and a 200-day moving average of $0.66.
Scientific Industries (OTCMKTS:SCND – Get Free Report) last announced its earnings results on Friday, May 15th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.27) by $0.14. The firm had revenue of $1.23 million for the quarter, compared to the consensus estimate of $2.20 million. Scientific Industries had a negative return on equity of 54.47% and a negative net margin of 19.29%.
About Scientific Industries
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.
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