Scientific Industries (OTCMKTS:SCND) Stock Price Up 6.9% – Here’s Why

Scientific Industries, Inc. (OTCMKTS:SCND) shares were up 6.9% during trading on Friday . The stock traded as high as $1.17 and last traded at $1.17. Approximately 5,000 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 6,577 shares. The stock had previously closed at $1.09.

Scientific Industries Trading Up 6.9 %

The stock’s 50-day simple moving average is $1.28 and its two-hundred day simple moving average is $1.50.

Scientific Industries (OTCMKTS:SCND) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.12) EPS for the quarter. Scientific Industries had a negative return on equity of 64.58% and a negative net margin of 74.22%. The business had revenue of $2.65 million during the quarter.

About Scientific Industries

Scientific Industries, Inc engages in the design, manufacture, and marketing of benchtop laboratory equipment and bioprocessing systems in the United States, Germany, and internationally. It offers vortex mixers to mix the contents of test tubes, beakers, and other containers by placing such containers on a rotating cup or other attachments; and various mixers and shakers, such as high-speed touch mixers, mixers with an integral timer, cell disruptors, bead beaters, microplate mixers, vortex mixers, two large capacity multi-vessel vortex mixers, and orbital shakers.