Pharma-Bio Serv (OTCMKTS:PBSV) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Shares of Pharma-Bio Serv, Inc. (OTCMKTS:PBSV) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.65 and traded as low as $0.55. Pharma-Bio Serv shares last traded at $0.58, with a volume of 5,450 shares trading hands.

Pharma-Bio Serv Stock Down 6.5 %

The business’s 50-day simple moving average is $0.61 and its 200-day simple moving average is $0.65. The stock has a market cap of $13.32 million, a PE ratio of -19.33 and a beta of 0.57.

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

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.