Bio-Rad Laboratories (NYSE:BIO.B) Sets New 1-Year Low – Should You Sell?

Bio-Rad Laboratories, Inc. (NYSE:BIO.BGet Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $241.99 and last traded at $241.99, with a volume of 110 shares. The stock had previously closed at $265.82.

Bio-Rad Laboratories Price Performance

The company has a market cap of $6.78 billion, a PE ratio of -3.72 and a beta of 0.75. The business’s 50 day moving average is $302.47 and its 200-day moving average is $322.98. The company has a debt-to-equity ratio of 0.18, a current ratio of 6.48 and a quick ratio of 4.85.

Bio-Rad Laboratories (NYSE:BIO.BGet Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $2.90 EPS for the quarter. Bio-Rad Laboratories had a positive return on equity of 3.90% and a negative net margin of 71.86%.

Bio-Rad Laboratories Company Profile

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Bio-Rad Laboratories, Inc manufactures, and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, and Latin America. The company operates through Life Science and Clinical Diagnostics segments. The Life Science segment develops, manufactures, and markets a range of reagents, apparatus, and laboratory instruments that are used in research techniques, biopharmaceutical production processes, and food testing regimes.

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