SBC Medical Group Holdings Incorporated (NASDAQ:SBC - Get Free Report) shares rose 8.9% during mid-day trading on Tuesday . The company traded as high as $4.95 and last traded at $4.91. Approximately 86,724 shares were traded during mid-day trading, an increase of 24% from the average daily volume of 69,806 shares. The stock had previously closed at $4.51.
Analysts Set New Price Targets
Separately, Wall Street Zen raised SBC Medical Group to a "strong-buy" rating in a report on Saturday, June 21st.
Read Our Latest Research Report on SBC Medical Group
SBC Medical Group Trading Down 5.3%
The stock has a fifty day simple moving average of $4.27 and a 200-day simple moving average of $4.34. The company has a quick ratio of 4.40, a current ratio of 4.44 and a debt-to-equity ratio of 0.03.
SBC Medical Group (NASDAQ:SBC - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.10. The business had revenue of $47.33 million during the quarter, compared to analyst estimates of $51.52 million. Research 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.
Further Reading
Before you consider SBC Medical Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SBC Medical Group wasn't on the list.
While SBC Medical Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
