Bioceres Crop Solutions (NASDAQ:BIOX) Issues Earnings Results, Misses Estimates By $0.18 EPS

Bioceres Crop Solutions (NASDAQ:BIOX – Get Free Report) released its quarterly earnings results on Wednesday. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.18), Zacks reports. Bioceres Crop Solutions had a negative return on equity of 41.35% and a negative net margin of 94.76%.

Bioceres Crop Solutions Stock Up 8.5%

Bioceres Crop Solutions stock traded up $0.02 during mid-day trading on Wednesday, hitting $0.23. The company’s stock had a trading volume of 93,483 shares, compared to its average volume of 470,421. The firm’s 50 day moving average is $0.32 and its 200 day moving average is $0.44. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.80 and a quick ratio of 0.62. The company has a market cap of $14.85 million, a PE ratio of -0.06 and a beta of 0.54. Bioceres Crop Solutions has a 52-week low of $0.19 and a 52-week high of $2.03.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Bioceres Crop Solutions in a report on Friday, October 9th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $2.00.

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About Bioceres Crop Solutions

(Get Free Report)

Bioceres Crop Solutions Corp. is an Argentina-based agricultural biotechnology company focused on developing technologies that improve crop productivity, resilience and sustainability. The company serves farmers and agricultural businesses through products designed to support crop establishment, nutrition, protection and performance under challenging environmental conditions. Its portfolio includes the HB4 biotechnology platform, which is used in drought-tolerant wheat and soybean varieties, as well as biological seed treatments, microbial inoculants, biofertilizers, biostimulants and biological crop-protection products.

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Earnings History for Bioceres Crop Solutions (NASDAQ:BIOX)

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