GBS Inc. (NYSE:GBS – Get Free Report) shares dropped 2.7% on Wednesday . The company traded as low as $2.40 and last traded at $2.48. Approximately 279,862 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 955,325 shares. The stock had previously closed at $2.55.
GBS Stock Performance
The company has a market capitalization of $36.93 million, a PE ratio of -4.43 and a beta of 1.32. The stock’s 50 day moving average is $1.59 and its 200 day moving average is $1.53.
GBS Company Profile
GBS Inc operates as a biosensor diagnostic technology company in the Asia-Pacific and North America. It offers Saliva Glucose Biosensor, an organic thin-film transistor for diabetes management that measures glucose in saliva. The company also focuses on developing SARS-CoV-2 Biosensor, a biosensor test can be used as a complement to the (RNA) virus detection test; and a biosensor platform comprising of biochemistry, immunology, tumor markers, hormones, and nucleic acid diagnostic modalities.
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