BioHarvest Sciences (NASDAQ:BHST) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS

BioHarvest Sciences (NASDAQ:BHSTGet Free Report) announced its quarterly earnings results on Monday. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.04), FiscalAI reports. BioHarvest Sciences had a negative return on equity of 76.03% and a negative net margin of 32.54%.The firm had revenue of $8.84 million during the quarter, compared to the consensus estimate of $9.45 million.

BioHarvest Sciences Stock Performance

Shares of BHST stock traded up $0.02 on Tuesday, reaching $2.12. The stock had a trading volume of 71,347 shares, compared to its average volume of 36,397. The stock has a market cap of $41.65 million, a P/E ratio of -3.55 and a beta of 0.98. BioHarvest Sciences has a 1 year low of $1.82 and a 1 year high of $12.80. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.44 and a current ratio of 2.96. The company has a 50 day simple moving average of $2.77 and a 200 day simple moving average of $3.82.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of BioHarvest Sciences from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, June 18th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $10.00.

Check Out Our Latest Research Report on BHST

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Alyeska Investment Group L.P. purchased a new position in BioHarvest Sciences in the fourth quarter worth about $3,929,000. Evercore Wealth Management LLC purchased a new stake in shares of BioHarvest Sciences during the 4th quarter valued at about $724,000. Osaic Holdings Inc. lifted its stake in shares of BioHarvest Sciences by 5,510.4% in the 4th quarter. Osaic Holdings Inc. now owns 35,233 shares of the company’s stock worth $183,000 after purchasing an additional 34,605 shares during the period. XTX Topco Ltd bought a new position in shares of BioHarvest Sciences in the 4th quarter worth approximately $173,000. Finally, Jane Street Group LLC purchased a new position in shares of BioHarvest Sciences in the fourth quarter worth approximately $145,000.

BioHarvest Sciences News Summary

Here are the key news stories impacting BioHarvest Sciences this week:

BioHarvest Sciences Company Profile

(Get Free Report)

BioHarvest Sciences Inc is a biotechnology company that specializes in the development and commercialization of plant-based active ingredients through proprietary cell-culture technology. By growing undifferentiated plant cells in controlled bioreactor environments, the company aims to produce full-spectrum phytonutrients and botanical compounds that are difficult to obtain through traditional farming methods. This approach is designed to deliver consistent, high-purity extracts with reduced environmental impact and supply-chain variability.

The company’s product portfolio focuses on applications across the cosmeceutical, nutraceutical and health-and-wellness markets.

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Earnings History for BioHarvest Sciences (NASDAQ:BHST)

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