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SBC Medical Group (NASDAQ:SBC) Trading Down 3.4% - Here's What Happened

SBC Medical Group logo with Medical background

SBC Medical Group Holdings Incorporated (NASDAQ:SBC - Get Free Report)'s share price dropped 3.4% on Thursday . The stock traded as low as $4.48 and last traded at $4.48. Approximately 118,136 shares changed hands during mid-day trading, an increase of 92% from the average daily volume of 61,540 shares. The stock had previously closed at $4.64.

SBC Medical Group Trading Up 0.2%

The company has a debt-to-equity ratio of 0.06, a current ratio of 2.79 and a quick ratio of 2.76. The firm has a 50 day moving average of $3.96 and a two-hundred day moving average of $4.51.

SBC Medical Group (NASDAQ:SBC - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.11 by $0.10. The business had revenue of $47.33 million for the quarter, compared to analysts' expectations of $51.52 million. On average, analysts expect that SBC Medical Group Holdings Incorporated will post 5.02 EPS for the current fiscal year.

SBC Medical Group Company Profile

(Get Free Report)

SBC Medical Group Holdings Incorporated, through its subsidiaries, provides services to support the operation of clinics which deliver specialized medical services in the areas of cosmetic medicine, esthetic dentistry and Androgenetic Alopecia or AGA, primarily in Japan and centered on the SBC Shonan Beauty Clinic Brand.

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