Bio-Rad Laboratories (NYSE:BIO.B) Shares Gap Up – Time to Buy?

Bio-Rad Laboratories, Inc. (NYSE:BIO.B – Get Free Report)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $337.00, but opened at $364.21. Bio-Rad Laboratories shares last traded at $364.15, with a volume of 227 shares traded.

Bio-Rad Laboratories Stock Up 8.1%

The company has a current ratio of 3.14, a quick ratio of 2.33 and a debt-to-equity ratio of 0.11. The stock has a 50 day simple moving average of $359.35 and a 200 day simple moving average of $315.10. The firm has a market capitalization of $9.74 billion, a PE ratio of 44.14 and a beta of 0.96.

Bio-Rad Laboratories Company Profile

(Get Free Report)

Bio-Rad Laboratories, Inc develops, manufactures and sells products and services used in life science research and clinical diagnostics. The company serves academic and government laboratories, pharmaceutical and biotechnology companies, hospitals, clinical laboratories and other healthcare organizations.

Bio-Rad’s Life Science segment provides instruments, reagents, software and consumables for applications including gene expression analysis, polymerase chain reaction, digital PCR, protein research, cell biology, chromatography, electrophoresis and laboratory quality control.

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