Pharma-Bio Serv (OTCMKTS:PBSV) Shares Cross Below 200 Day Moving Average – Time to Sell?

Pharma-Bio Serv, Inc. (OTCMKTS:PBSV) crossed below its 200-day moving average during trading on Friday . The stock has a 200-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 traded.

Pharma-Bio Serv Stock Down 6.5 %

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

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

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.