Rapid Micro Biosystems (RPID) Projected to Post Earnings on Friday

Rapid Micro Biosystems (NASDAQ:RPID - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Friday, February 28th. Analysts expect Rapid Micro Biosystems to post earnings of ($0.22) per share and revenue of $8.20 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Rapid Micro Biosystems Stock Up 22.1 %

Shares of Rapid Micro Biosystems stock traded up $0.60 during trading on Thursday, hitting $3.31. 714,920 shares of the company were exchanged, compared to its average volume of 430,316. Rapid Micro Biosystems has a fifty-two week low of $0.58 and a fifty-two week high of $4.04. The firm has a 50 day moving average price of $1.87 and a 200 day moving average price of $1.27. The stock has a market capitalization of $142.44 million, a price-to-earnings ratio of -2.96 and a beta of 1.25.

Wall Street Analyst Weigh In

Separately, KeyCorp began coverage on Rapid Micro Biosystems in a research note on Wednesday, February 12th. They set an "overweight" rating and a $8.00 price objective on the stock.

About Rapid Micro Biosystems

Rapid Micro Biosystems, Inc, a life sciences technology company, provides products for the detection of microbial contamination in the manufacture of pharmaceutical, medical devices, and personal care products in the United States, Germany, Switzerland, Japan, and internationally. The company offers Growth Direct platform, which includes Growth Direct system, proprietary consumables, lab information management system connection software, and customer support and validation services.