Pharma-Bio Serv (OTCMKTS:PBSV) Stock Crosses Below 200-Day Moving Average – Here’s Why

Pharma-Bio Serv, Inc. (OTCMKTS:PBSV) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.62 and traded as low as $0.31. Pharma-Bio Serv shares last traded at $0.48, with a volume of 17,100 shares trading hands.

Pharma-Bio Serv Price Performance

The company has a market capitalization of $11.02 million, a price-to-earnings ratio of -16.00 and a beta of 0.59. The stock has a 50-day moving average price of $0.60 and a 200-day moving average price of $0.62.

Pharma-Bio Serv (OTCMKTS:PBSV) last released its quarterly earnings data on Monday, September 16th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.04). The company had revenue of $2.42 million for the quarter, compared to the consensus estimate of $3.50 million. Pharma-Bio Serv had a negative return on equity of 5.81% and a negative net margin of 7.81%.

About Pharma-Bio Serv

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.