Pharma-Bio Serv (OTCMKTS:PBSV) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Pharma-Bio Serv Inc. (OTCMKTS:PBSV) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.54 and traded as low as $0.4217. Pharma-Bio Serv shares last traded at $0.58, with a volume of 1,100 shares changing hands.

Pharma-Bio Serv Stock Down 27.2%

The firm has a fifty day moving average of $0.55 and a 200-day moving average of $0.54.

Pharma-Bio Serv (OTCMKTS:PBSV) last announced its quarterly earnings data on Monday, June 15th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.02). Pharma-Bio Serv had a return on equity of 0.56% and a net margin of 0.68%.The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.70 million. On average, equities analysts forecast that Pharma-Bio Serv Inc. will post 0.07 EPS for the current year.

Pharma-Bio Serv Company Profile

Pharma-Bio Serv, Inc operates as a compliance and technology transfer services consulting firm in Puerto Rico, the United States, Europe, Brazil, and internationally. The company provides technical compliance consulting services comprising regulatory compliance, validation, technology transfer, engineering, project management, and process support for the pharmaceutical, chemical manufacturing, biotechnology, medical device, cosmetic, food industries, and allied products companies. Pharma-Bio Serv, Inc was founded in 1993 and is headquartered in Dorado, Puerto Rico.