During the recent session, Harvard Bioscience Inc (NASDAQ:HBIO)’s traded shares were 0.57 million, with the beta value of the company hitting 1.55. At the last check today, the stock’s price was $0.54, reflecting an intraday gain of 9.98% or $0.05. The 52-week high for the HBIO share is $3.60, that puts it down -566.67 from that peak though still a striking 48.15% gain since the share price plummeted to a 52-week low of $0.28. The company’s market capitalization is $23.72M, and the average intraday trading volume over the past 10 days was 2.89 million shares, and the average trade volume was 11.55 million shares over the past three months.
Harvard Bioscience Inc (HBIO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. HBIO has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Harvard Bioscience Inc (NASDAQ:HBIO) trade information
Harvard Bioscience Inc (HBIO) registered a 9.98% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.98% in intraday trading to $0.54, hitting a weekly high. The stock’s 5-day price performance is 2.50%, and it has moved by 59.48% in 30 days. Based on these gigs, the overall price performance for the year is -81.63%. The short interest in Harvard Bioscience Inc (NASDAQ:HBIO) is 6.64 million shares and it means that shorts have 0.22 day(s) to cover.
The consensus price target of analysts on Wall Street is $7, which implies an increase of 92.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $7 respectively. As a result, HBIO is trading at a discount of -1196.3% off the target high and -1196.3% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -18.10%. While earnings are projected to return 16.67% in 2025.
HBIO Dividends
Harvard Bioscience Inc is due to release its next quarterly earnings on 2025-May-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Harvard Bioscience Inc (NASDAQ:HBIO)’s Major holders
Harvard Bioscience Inc insiders own 8.27% of total outstanding shares while institutional holders control 69.66%, with the float percentage being 75.94%. BLACKROCK INC. is the largest shareholder of the company, while 123.0 institutions own stock in it. As of 2024-06-30, the company held over 2.84 million shares (or 6.5392% of all shares), a total value of $8.1 million in shares.
The next largest institutional holding, with 2.77 million shares, is of PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.’s that is approximately 6.3752% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.9 million.
