Bioanalytical System (BASI) Posts Quarterly Earnings Results
Bioanalytical System (NASDAQ:BASI) released its earnings data on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, AnalystRatings.NET reports. The company had revenue of $5.91 million for the quarter, compared to the consensus estimate of $5.16 million.
Bioanalytical System (NASDAQ:BASI) traded down 0.39% on Thursday, hitting $2.57. The stock had a trading volume of 39,400 shares. Bioanalytical System has a one year low of $1.25 and a one year high of $3.80. The stock has a 50-day moving average of $2.6 and a 200-day moving average of $2.60. The company’s market cap is $20.5 million.
On the ratings front, analysts at TheStreet downgraded shares of Bioanalytical System from a “hold” rating to a “sell” rating in a research note on Friday, February 21st.
Bioanalytical Systems, Inc and its subsidiaries are engaged in research services and other services related to pharmaceutical development.
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