BioHarvest Sciences (NASDAQ:BHST) Releases Earnings Results, Misses Estimates By $0.04 EPS

BioHarvest Sciences (NASDAQ:BHSTGet Free Report) posted its earnings results on Monday. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.04), FiscalAI reports. BioHarvest Sciences had a negative net margin of 32.54% and a negative return on equity of 76.03%. The company had revenue of $8.84 million during the quarter, compared to analyst estimates of $9.45 million.

BioHarvest Sciences Stock Performance

Shares of BHST stock traded up $0.02 during trading hours on Tuesday, hitting $2.12. 71,377 shares of the company were exchanged, compared to its average volume of 36,401. BioHarvest Sciences has a 52-week low of $1.82 and a 52-week high of $12.80. The company has a current ratio of 2.96, a quick ratio of 2.44 and a debt-to-equity ratio of 0.03. The firm has a fifty day simple moving average of $2.77 and a 200 day simple moving average of $3.82. The stock has a market capitalization of $41.67 million, a price-to-earnings ratio of -3.60 and a beta of 0.98.

Key BioHarvest Sciences News

Here are the key news stories impacting BioHarvest Sciences this week:

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BHST. Virtu Financial LLC bought a new position in BioHarvest Sciences during the fourth quarter worth about $60,000. Geode Capital Management LLC purchased a new position in BioHarvest Sciences in the 4th quarter valued at approximately $61,000. HRT Financial LP bought a new stake in BioHarvest Sciences during the 4th quarter valued at $75,000. Marshall Wace LLP purchased a new stake in shares of BioHarvest Sciences during the fourth quarter worth $110,000. Finally, Quadrature Capital Ltd bought a new position in shares of BioHarvest Sciences in the fourth quarter worth $140,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of BioHarvest Sciences from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $10.00.

Get Our Latest Stock Analysis on BHST

About BioHarvest Sciences

(Get Free Report)

BioHarvest Sciences Inc is a biotechnology company that specializes in the development and commercialization of plant-based active ingredients through proprietary cell-culture technology. By growing undifferentiated plant cells in controlled bioreactor environments, the company aims to produce full-spectrum phytonutrients and botanical compounds that are difficult to obtain through traditional farming methods. This approach is designed to deliver consistent, high-purity extracts with reduced environmental impact and supply-chain variability.

The company’s product portfolio focuses on applications across the cosmeceutical, nutraceutical and health-and-wellness markets.

See Also

Earnings History for BioHarvest Sciences (NASDAQ:BHST)

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