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

Shares of Bio-Rad Laboratories, Inc. (NYSE:BIO.BGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $337.08, but opened at $325.85. Bio-Rad Laboratories shares last traded at $325.85, with a volume of 198 shares.

Bio-Rad Laboratories Price Performance

The company has a 50 day moving average price of $336.57 and a 200-day moving average price of $317.92. The company has a quick ratio of 4.52, a current ratio of 6.14 and a debt-to-equity ratio of 0.16. The company has a market cap of $9.12 billion, a price-to-earnings ratio of -11.92 and a beta of 0.72.

About Bio-Rad Laboratories

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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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