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Harvard Bioscience Inc (NASDAQ: HBIO) closed the day trading at $0.46 down -9.44% from the previous closing price of $0.51. In other words, the price has decreased by -$9.44 from its previous closing price. On the day, 5.15 million shares were traded. HBIO stock price reached its highest trading level at $0.52 during the session, while it also had its lowest trading level at $0.4541.
Ratios:
For a better understanding of HBIO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 3.01 whereas as Long-Term Debt/Eq ratio is at 0.49.
On March 10, 2023, The Benchmark Company Upgraded its rating to Buy which previously was Speculative Buy and also upped its target price recommendation from $3 to $4.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HBIO now has a Market Capitalization of 20497472 and an Enterprise Value of 59558492. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 0.652 whereas that against EBITDA is 20.053.
Stock Price History:
The Beta on a monthly basis for HBIO is 1.57, which has changed by -0.8345324 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, HBIO has reached a high of $3.60, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is 12.37%, while the 200-Day Moving Average is calculated to be -68.13%.
Shares Statistics:
Over the past 3-months, HBIO traded about 11.80M shares per day on average, while over the past 10 days, HBIO traded about 1431770 shares per day. A total of 44.21M shares are outstanding, with a floating share count of 37.41M. Insiders hold about 15.39% of the company’s shares, while institutions hold 58.64% stake in the company. Shares short for HBIO as of 1749772800 were 2831924 with a Short Ratio of 0.24, compared to 1747267200 on 1957393. Therefore, it implies a Short% of Shares Outstanding of 2831924 and a Short% of Float of 6.9299996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
