Scientific Industries (OTCMKTS:SCND) Shares Down 5% – Time to Sell?

Shares of Scientific Industries, Inc. (OTCMKTS:SCND) were down 5% on Monday . The stock 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 firm has a 50-day moving average price of $1.17 and a two-hundred day moving average price of $1.44.

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

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.