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Bio-Rad Laboratories (NYSE:BIO.B) Shares Gap Up - Here's Why

Bio-Rad Laboratories logo with Medical background
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Key Points

  • Shares gapped up pre-market — Bio‑Rad opened at $299.45 after closing at $277.00, but trading volume was tiny (75 shares), suggesting the move may be thinly traded.
  • Solid quarterly results — the company reported $2.51 EPS on $693.2M of revenue with a high net margin of 29.42%, though return on equity was modest at 3.86%.
  • Attractive valuation and strong liquidity — market cap is $8.08B with a P/E of 10.73, low debt‑to‑equity (0.16) and strong current/quick ratios (5.62 and 4.19); the stock sits above its 50‑day MA ($272.23) and near its 200‑day MA ($294.71).
  • MarketBeat previews the top five stocks to own by May 1st.

Bio-Rad Laboratories, Inc. (NYSE:BIO.B - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $277.00, but opened at $299.45. Bio-Rad Laboratories shares last traded at $299.45, with a volume of 75 shares traded.

Bio-Rad Laboratories Price Performance

The stock has a market capitalization of $8.08 billion, a P/E ratio of 10.73 and a beta of 0.98. The stock's fifty day moving average is $272.23 and its 200-day moving average is $294.71. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.62 and a quick ratio of 4.19.

Bio-Rad Laboratories (NYSE:BIO.B - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The company reported $2.51 earnings per share (EPS) for the quarter. The firm had revenue of $693.20 million during the quarter. Bio-Rad Laboratories had a net margin of 29.42% and a return on equity of 3.86%.

About Bio-Rad Laboratories

(Get Free Report)

Bio-Rad Laboratories, Inc is a global provider of innovative products and systems that serve the life science research and clinical diagnostics markets. The company operates through two primary segments: Life Science, which delivers instruments, consumables and software for research applications, and Clinical Diagnostics, which offers quality control materials and reagent systems for blood typing, immunology and molecular testing. Bio-Rad's product portfolio supports a wide range of applications, including protein analysis, gene expression, cell biology and digital PCR.

In the Life Science segment, Bio-Rad develops and markets technologies such as electrophoresis and imaging systems, chromatography instruments, laboratory consumables and software platforms that streamline experimental workflows.

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