Scientific Industries (OTCMKTS:SCND) Shares Down 5% – Should You Sell?

Scientific Industries, Inc. (OTCMKTS:SCND)’s stock price dropped 5% during mid-day trading on Monday . The company traded as low as $0.93 and last traded at $0.95. Approximately 500 shares traded hands during trading, a decline of 92% from the average daily volume of 6,418 shares. The stock had previously closed at $1.00.

Scientific Industries Trading Down 5.0 %

The business has a fifty day moving average of $1.17 and a 200-day moving average of $1.44.

Scientific Industries (OTCMKTS:SCND) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.12) EPS for the quarter. The business had revenue of $2.65 million for the quarter. Scientific Industries had a negative return on equity of 64.58% and a negative net margin of 74.22%.

Scientific Industries Company Profile

Scientific Industries, Inc engages in the design, manufacture, and marketing of benchtop laboratory equipment and bioprocessing systems in the United States, Germany, and internationally. It offers vortex mixers to mix the contents of test tubes, beakers, and other containers by placing such containers on a rotating cup or other attachments; and various mixers and shakers, such as high-speed touch mixers, mixers with an integral timer, cell disruptors, bead beaters, microplate mixers, vortex mixers, two large capacity multi-vessel vortex mixers, and orbital shakers.