Pharma-Bio Serv (OTCMKTS:PBSV) Shares Pass Below Two Hundred Day Moving Average of $0.84

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 $0.84 and traded as low as $0.56. Pharma-Bio Serv shares last traded at $0.65, with a volume of 240 shares trading hands.

Pharma-Bio Serv Stock Performance

The stock’s 50-day moving average is $0.67 and its 200-day moving average is $0.84.

Pharma-Bio Serv (OTCMKTS:PBSV) last announced its quarterly earnings results on Friday, June 14th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.04). The business had revenue of $2.38 million for the quarter, compared to the consensus estimate of $3.00 million. Pharma-Bio Serv had a negative net margin of 0.05% and a negative return on equity of 0.04%. Research analysts expect that Pharma-Bio Serv, Inc. will post 0.04 earnings per share for the current fiscal 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.