Pharma-Bio Serv (OTCMKTS:PBSV) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Pharma-Bio Serv Inc. (OTCMKTS:PBSV)’s share price 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 trading hands.

Pharma-Bio Serv Trading Up 16.0%

The business’s fifty day simple moving average is $0.55 and its two-hundred day simple moving average is $0.54.

Pharma-Bio Serv (OTCMKTS:PBSV) last issued its earnings results on Monday, June 15th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.02). The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.70 million. Pharma-Bio Serv had a net margin of 0.68% and a return on equity of 0.56%. Sell-side analysts expect that Pharma-Bio Serv Inc. will post 0.07 EPS for the current year.

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. Pharma-Bio Serv, Inc was founded in 1993 and is headquartered in Dorado, Puerto Rico.