Scientific Industries (OTCMKTS:SCND) Shares Down 0.5% – Should You Sell?

Shares of Scientific Industries Inc. (OTCMKTS:SCND) fell 0.5% on Wednesday . The company traded as low as $0.52 and last traded at $0.52. 4,000 shares changed hands during trading, a decline of 27% from the average session volume of 5,470 shares. The stock had previously closed at $0.5226.

Scientific Industries Price Performance

The business has a 50 day simple moving average of $0.59 and a 200 day simple moving average of $0.65. The company has a market cap of $6.20 million, a price-to-earnings ratio of -4.00 and a beta of 0.42.

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

Scientific Industries Company Profile

Scientific Industries, Inc (OTCMKTS:SCND) is a manufacturer and distributor of laboratory equipment and life science research tools. The company specializes in the design, development and production of sample mixing and handling instruments, including vortex mixers, tube shakers, decappers and digital homogenizers. These products are employed across a range of settings such as academic research laboratories, pharmaceutical and biotechnology firms, clinical diagnostic centers and industrial quality-control facilities.

Since its inception in the mid-20th century, Scientific Industries has focused on durability, precision and user-friendly design in its portfolio.