Pharma-Bio Serv (OTCMKTS:PBSV) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of Pharma-Bio Serv Inc. (OTCMKTS:PBSV) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.52 and traded as high as $0.5254. Pharma-Bio Serv shares last traded at $0.5254, with a volume of 1,025 shares traded.

Pharma-Bio Serv Price Performance

The stock has a 50 day simple moving average of $0.53 and a 200 day simple moving average of $0.54. The stock has a market cap of $12.03 million, a price-to-earnings ratio of -52.54 and a beta of 0.64.

Pharma-Bio Serv (OTCMKTS:PBSV) last announced its quarterly earnings data on Tuesday, March 17th. The company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $1.41. Pharma-Bio Serv had a negative return on equity of 0.66% and a negative net margin of 0.86%.The firm had revenue of $2.30 million during the quarter, compared to analysts’ expectations of $2.70 million. Equities analysts expect that Pharma-Bio Serv Inc. will post 0.09 earnings per share for the current year.

About Pharma-Bio Serv

Pharma-Bio Serv, Inc operates as a compliance and technology transfer services consulting firm in Puerto Rico, the United States, Europe, Brazil, and internationally. The company provides technical compliance consulting services comprising regulatory compliance, validation, technology transfer, engineering, project management, and process support for the pharmaceutical, chemical manufacturing, biotechnology, medical device, cosmetic, food industries, and allied products companies. Pharma-Bio Serv, Inc was founded in 1993 and is headquartered in Dorado, Puerto Rico.