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BioHarvest Sciences (NASDAQ:BHST) Releases Earnings Results, Misses Expectations By $0.05 EPS

BioHarvest Sciences logo with Medical background

BioHarvest Sciences (NASDAQ:BHST - Get Free Report) posted its quarterly earnings data on Monday. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.05), Zacks reports. The firm had revenue of $7.17 million during the quarter, compared to analysts' expectations of $7.24 million.

BioHarvest Sciences Stock Performance

NASDAQ BHST traded down $0.20 during trading on Friday, hitting $5.54. 21,569 shares of the company's stock traded hands, compared to its average volume of 8,878. BioHarvest Sciences has a 12-month low of $5.53 and a 12-month high of $7.38. The business's fifty day moving average price is $5.70. The firm has a market cap of $90.99 million, a price-to-earnings ratio of -4.44 and a beta of 0.84.

Analyst Upgrades and Downgrades

Separately, Maxim Group initiated coverage on BioHarvest Sciences in a research note on Wednesday, December 18th. They issued a "buy" rating and a $12.00 target price for the company.

Check Out Our Latest Analysis on BioHarvest Sciences

BioHarvest Sciences Company Profile

(Get Free Report)

BioHarvest Sciences Inc is a biotech firm. It focused on leveraging its botanical synthesis technology to develop science-based and clinically proven therapeutic solutions, within business verticals nutraceutical health and wellness products such as dietary supplements and development of plant cell-based Active Pharmaceutical Ingredients which focus on specific medical indications.

Further Reading

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