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Bio-Rad Laboratories (NYSE:BIO.B) Sets New 1-Year Low - Here's What Happened

Bio-Rad Laboratories logo with Medical background

Bio-Rad Laboratories, Inc. (NYSE:BIO.B - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $225.29 and last traded at $225.29, with a volume of 120 shares changing hands. The stock had previously closed at $241.99.

Bio-Rad Laboratories Stock Performance

The company has a quick ratio of 4.85, a current ratio of 6.48 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average price of $279.01 and a two-hundred day moving average price of $316.47. The company has a market capitalization of $6.31 billion, a PE ratio of -3.46 and a beta of 0.94.

Bio-Rad Laboratories (NYSE:BIO.B - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $2.90 EPS for the quarter. Bio-Rad Laboratories had a negative net margin of 71.86% and a positive return on equity of 3.90%.

Bio-Rad Laboratories Company Profile

(Get Free Report)

Bio-Rad Laboratories, Inc manufactures, and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, and Latin America. The company operates through Life Science and Clinical Diagnostics segments. The Life Science segment develops, manufactures, and markets a range of reagents, apparatus, and laboratory instruments that are used in research techniques, biopharmaceutical production processes, and food testing regimes.

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