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Bio-Rad Laboratories (NYSE:BIO.B) Shares Gap Down - Here's What Happened

Bio-Rad Laboratories logo with Medical background

Bio-Rad Laboratories, Inc. (NYSE:BIO.B - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $257.75, but opened at $247.05. Bio-Rad Laboratories shares last traded at $247.05, with a volume of 244 shares trading hands.

Bio-Rad Laboratories Stock Up 6.3%

The firm has a market cap of $7.14 billion, a P/E ratio of -3.45 and a beta of 0.81. The stock's 50 day simple moving average is $250.83 and its 200 day simple moving average is $271.65. The company has a debt-to-equity ratio of 0.18, a quick ratio of 4.43 and a current ratio of 5.99.

Bio-Rad Laboratories (NYSE:BIO.B - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $2.54 earnings per share (EPS) for the quarter. Bio-Rad Laboratories had a negative net margin of 85.16% and a positive return on equity of 4.32%. The firm had revenue of $585.40 million during the quarter.

About Bio-Rad Laboratories

(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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