Pressure BioSciences (OTCMKTS:PBIO) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Pressure BioSciences, Inc. (OTCMKTS:PBIOGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.09 and traded as low as $0.01. Pressure BioSciences shares last traded at $0.01, with a volume of 99,547 shares changing hands.

Pressure BioSciences Price Performance

The company’s fifty day moving average price is $0.02 and its two-hundred day moving average price is $0.09. The company has a market cap of $245,802.00, a price-to-earnings ratio of 0.00 and a beta of -0.14.

Pressure BioSciences (OTCMKTS:PBIOGet Free Report) last released its earnings results on Friday, September 6th. The company reported ($0.22) earnings per share (EPS) for the quarter. The business had revenue of $0.35 million during the quarter.

About Pressure BioSciences

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Pressure BioSciences, Inc develops and sells pressure-based platform solutions in the North America, Europe, and Asia. The company's pressure cycling technology (PCT) technology uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to control the actions of molecules in biological samples, including cells and tissues from human, animal, plant, and microbial sources.

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