Bio-Rad Laboratories (NYSE:BIO.B) Shares Gap Down – Here’s Why

Bio-Rad Laboratories, Inc. (NYSE:BIO.BGet Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $357.65, but opened at $343.85. Bio-Rad Laboratories shares last traded at $343.85, with a volume of 231 shares.

Bio-Rad Laboratories Trading Down 3.9 %

The firm has a 50-day moving average of $338.31 and a 200 day moving average of $331.34. The company has a current ratio of 6.14, a quick ratio of 4.52 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $9.63 billion, a price-to-earnings ratio of -12.58 and a beta of 0.73.

Bio-Rad Laboratories Company Profile

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Bio-Rad Laboratories, Inc manufactures, and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, and Latin America. The company operates through Life Science and Clinical Diagnostics segments. The Life Science segment develops, manufactures, and markets a range of reagents, apparatus, and laboratory instruments that are used in research techniques, biopharmaceutical production processes, and food testing regimes.

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