Scientific Industries (OTCMKTS:SCND) Trading Down 1.6% – What’s Next?

Scientific Industries Inc. (OTCMKTS:SCND)’s stock price fell 1.6% during trading on Friday . The company traded as low as $0.63 and last traded at $0.63. 3,933 shares were traded during mid-day 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 Performance

The stock has a market cap of $7.52 million, a P/E ratio of -1.09 and a beta of 0.43. The company has a 50-day simple moving average of $0.70 and a 200-day simple moving average of $0.72.

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

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.