Scientific Industries (OTCMKTS:SCND) Trading Down 15.3% – Should You Sell?

Scientific Industries Inc. (OTCMKTS:SCND) shares traded down 15.3% during mid-day trading on Wednesday . The stock traded as low as $0.5251 and last traded at $0.5251. 3,300 shares were traded during trading, a decline of 54% from the average session volume of 7,152 shares. The stock had previously closed at $0.62.

Scientific Industries Price Performance

The firm has a 50-day moving average of $0.67 and a 200 day moving average of $0.69. The stock has a market capitalization of $6.26 million, a price-to-earnings ratio of -4.04 and a beta of 0.42.

Scientific Industries (OTCMKTS:SCND) last announced its quarterly earnings data on Wednesday, November 19th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $1.40 million for the quarter. Scientific Industries had a negative return on equity of 57.96% and a negative net margin of 13.83%.

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.