Bioceres Crop Solutions (NASDAQ:BIOX – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.18), Zacks reports. Bioceres Crop Solutions had a negative net margin of 94.76% and a negative return on equity of 41.35%.
Bioceres Crop Solutions Trading Up 8.5%
BIOX traded up $0.02 during midday trading on Wednesday, reaching $0.23. 93,483 shares of the company’s stock traded hands, compared to its average volume of 470,421. Bioceres Crop Solutions has a 52 week low of $0.19 and a 52 week high of $2.03. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.80 and a quick ratio of 0.62. The firm has a fifty day moving average of $0.32 and a two-hundred day moving average of $0.44. The stock has a market capitalization of $14.85 million, a price-to-earnings ratio of -0.06 and a beta of 0.54.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Bioceres Crop Solutions in a report on Friday, October 9th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $2.00.
Get Our Latest Research Report on Bioceres Crop Solutions
Bioceres Crop Solutions Company Profile
Bioceres Crop Solutions Corp. is an Argentina-based agricultural biotechnology company focused on developing technologies that improve crop productivity, resilience and sustainability. The company serves farmers and agricultural businesses through products designed to support crop establishment, nutrition, protection and performance under challenging environmental conditions. Its portfolio includes the HB4 biotechnology platform, which is used in drought-tolerant wheat and soybean varieties, as well as biological seed treatments, microbial inoculants, biofertilizers, biostimulants and biological crop-protection products.
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