Scientific Industries Inc. (OTCMKTS:SCND – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,100 shares, a growth of ∞ from the August 15th total of 0 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 6,888 shares, the days-to-cover ratio is currently 0.2 days.
Scientific Industries Price Performance
Shares of SCND stock opened at $0.80 on Tuesday. The company has a market capitalization of $9.54 million, a P/E ratio of -3.20 and a beta of 0.35. The company’s 50-day simple moving average is $0.70 and its two-hundred day simple moving average is $0.70. Scientific Industries has a one year low of $0.30 and a one year high of $0.88.
Scientific Industries (OTCMKTS:SCND – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.17. The company had revenue of $1.47 million for the quarter, compared to analysts’ expectations of $2.20 million. Scientific Industries had a negative return on equity of 48.69% and a negative net margin of 12.92%.
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.
Further Reading
- Five stocks we like better than Scientific Industries
- Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings
- Institutional Money Is Pouring Into These 2 Altcoin ETFs
- The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares
- 3 Dividend Kings to Buy While They’re Still Beaten Down
Receive News & Ratings for Scientific Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scientific Industries and related companies with MarketBeat.com's FREE daily email newsletter.
-inc-logo-1200x675.jpg){kind=logo}
