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Bio-Rad Laboratories (NYSE:BIO.B) Reaches New 1-Year Low - Here's Why

Bio-Rad Laboratories logo with Medical background
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Shares of Bio-Rad Laboratories, Inc. (NYSE:BIO.B - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $265.82 and last traded at $265.82, with a volume of 146 shares. The stock had previously closed at $312.05.

Bio-Rad Laboratories Stock Down 14.8 %

The firm has a market capitalization of $7.44 billion, a PE ratio of -4.09 and a beta of 0.73. The firm's 50-day moving average is $328.19 and its 200 day moving average is $330.84. The company has a debt-to-equity ratio of 0.18, a quick ratio of 4.85 and a current ratio of 6.48.

Bio-Rad Laboratories (NYSE:BIO.B - Get Free Report) last announced its 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

(Get Free Report)

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.

Further Reading

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