Rapid Micro Biosystems (RPID) to Release Earnings on Friday

Rapid Micro Biosystems (NASDAQ:RPID) is expected to release its earnings data before the market opens on Friday, February 28th. Analysts expect Rapid Micro Biosystems to post earnings of ($0.22) per share and revenue of $8.20 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Rapid Micro Biosystems Trading Down 12.3 %

Shares of NASDAQ:RPID opened at $3.21 on Monday. The firm’s 50 day moving average is $1.76 and its two-hundred day moving average is $1.23. Rapid Micro Biosystems has a 52 week low of $0.58 and a 52 week high of $4.04. The firm has a market capitalization of $138.13 million, a P/E ratio of -2.87 and a beta of 1.26.

Analyst Upgrades and Downgrades

Separately, KeyCorp began coverage on shares of Rapid Micro Biosystems in a research note on Wednesday, February 12th. They issued an “overweight” rating and a $8.00 price target on the stock.

Rapid Micro Biosystems Company Profile

Rapid Micro Biosystems, Inc, a life sciences technology company, provides products for the detection of microbial contamination in the manufacture of pharmaceutical, medical devices, and personal care products in the United States, Germany, Switzerland, Japan, and internationally. The company offers Growth Direct platform, which includes Growth Direct system, proprietary consumables, lab information management system connection software, and customer support and validation services.