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

Pharma-Bio Serv, Inc. (OTCMKTS:PBSV)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.63 and traded as low as $0.54. Pharma-Bio Serv shares last traded at $0.54, with a volume of 5,550 shares changing hands.

Pharma-Bio Serv Price Performance

The firm has a 50-day simple moving average of $0.61 and a 200 day simple moving average of $0.63. The company has a market capitalization of $12.44 million, a PE ratio of -18.07 and a beta of 0.59.

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

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.