Balchem Corp. (BCPC) Announces Quarterly Earnings, Beats Expectations By $0.07 EPS
Balchem Corp. (NASDAQ:BCPC) announced its earnings results on Friday. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.07, American Banking News reports.
Balchem Corp. (NASDAQ:BCPC) traded up 4.58% on Friday, hitting $54.16. The stock had a trading volume of 53,943 shares. Balchem Corp. has a 1-year low of $46.76 and a 1-year high of $66.34. The stock’s 50-day moving average is $51.91 and its 200-day moving average is $54.62. The company has a market cap of $1.647 billion and a price-to-earnings ratio of 37.53.
Balchem Corporation is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical and medical sterilization industries.
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