Shares of SBC Medical Group Holdings Incorporated (NASDAQ:SBC - Get Free Report) dropped 1.2% during trading on Wednesday . The company traded as low as $4.73 and last traded at $4.92. Approximately 109,856 shares changed hands during mid-day trading, an increase of 46% from the average daily volume of 75,257 shares. The stock had previously closed at $4.98.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of SBC Medical Group to a "strong-buy" rating in a report on Saturday, June 21st.
Get Our Latest Stock Analysis on SBC Medical Group
SBC Medical Group Stock Down 1.0%
The company has a current ratio of 4.44, a quick ratio of 4.40 and a debt-to-equity ratio of 0.03. The company's fifty day simple moving average is $4.64 and its two-hundred day simple moving average is $4.31.
SBC Medical Group (NASDAQ:SBC - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.10. The business had revenue of $47.33 million during the quarter, compared to the consensus estimate of $51.52 million. Equities analysts forecast that SBC Medical Group Holdings Incorporated will post 5.02 earnings per share for the current fiscal year.
About SBC Medical Group
(
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.
See Also
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
