Scientific Industries (OTCMKTS:SCND) Shares Down 1.6% – Should You Sell?

Scientific Industries Inc. (OTCMKTS:SCND)’s stock price traded down 1.6% on Friday . The company traded as low as $0.63 and last traded at $0.63. 3,933 shares were traded during trading, a decline of 57% from the average session volume of 9,205 shares. The stock had previously closed at $0.64.

Scientific Industries Stock Down 1.6%

The company has a market capitalization of $7.52 million, a price-to-earnings ratio of -1.09 and a beta of 0.43. The business has a 50-day moving average price of $0.70 and a 200-day moving average price of $0.72.

Scientific Industries (OTCMKTS:SCND) last posted its quarterly earnings results on Tuesday, August 19th. The company reported ($0.13) earnings per share (EPS) for the quarter. Scientific Industries had a negative return on equity of 71.75% and a negative net margin of 62.14%.The company had revenue of $2.33 million during the quarter.

Scientific Industries Company Profile

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.