Scientific Industries (OTCMKTS:SCND) Issues Quarterly Earnings Results

Scientific Industries (OTCMKTS:SCND) released its quarterly earnings results on Tuesday. The company reported ($0.16) earnings per share for the quarter, Zacks reports. Scientific Industries had a negative return on equity of 54.88% and a negative net margin of 63.35%.

Scientific Industries Price Performance

SCND opened at $0.80 on Wednesday. Scientific Industries has a fifty-two week low of $0.62 and a fifty-two week high of $2.25. The company’s 50-day moving average is $0.92 and its 200 day moving average is $0.99. The firm has a market capitalization of $5.60 million, a PE ratio of -1.31 and a beta of 0.31.

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.