BioStem Technologies, Inc. (OTCMKTS:BSEM - Get Free Report) shares shot up 10% during trading on Thursday . The company traded as high as $11.50 and last traded at $11.50. 41,418 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 48,415 shares. The stock had previously closed at $10.45.
BioStem Technologies Stock Down 2.2%
The company has a market capitalization of $188.33 million, a price-to-earnings ratio of 7.65 and a beta of -0.27. The business has a 50-day moving average price of $12.56 and a 200-day moving average price of $12.84.
BioStem Technologies (OTCMKTS:BSEM - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $1.25 by ($1.08). The firm had revenue of $72.53 million during the quarter, compared to analyst estimates of $101.20 million. As a group, sell-side analysts predict that BioStem Technologies, Inc. will post 1.41 EPS for the current year.
BioStem Technologies Company Profile
(
Get Free Report)
BioStem Technologies, Inc, a life sciences corporation, focuses on discovering, developing, and producing pharmaceutical and regenerative medicine products and services. It develops various biologic stem cell based alternative products, as a treatment for ailments, such as joint pain, tendon and ligament injuries, neurodegenerative, and autoimmune diseases.
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