GBS (NYSE:GBS) Trading Down 1.9% – Here’s What Happened

GBS Inc. (NYSE:GBSGet Free Report) fell 1.9% on Tuesday . The stock traded as low as $0.6406 and last traded at $0.6642. 104,771 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 955,325 shares. The stock had previously closed at $0.6768.

GBS Price Performance

The stock has a market cap of $9.99 million, a price-to-earnings ratio of -1.20 and a beta of 1.32. The company’s fifty day moving average price is $1.00 and its 200-day moving average price is $1.41.

GBS Company Profile

(Get Free Report)

GBS Inc operates as a biosensor diagnostic technology company in the Asia-Pacific and North America. It offers Saliva Glucose Biosensor, an organic thin-film transistor for diabetes management that measures glucose in saliva. The company also focuses on developing SARS-CoV-2 Biosensor, a biosensor test can be used as a complement to the (RNA) virus detection test; and a biosensor platform comprising of biochemistry, immunology, tumor markers, hormones, and nucleic acid diagnostic modalities.

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