GBS (NYSE:GBS) Shares Down 3.1%

GBS Inc. (NYSE:GBSGet Free Report)’s share price fell 3.1% during trading on Monday . The company traded as low as $2.41 and last traded at $2.48. 59,538 shares changed hands during trading, a decline of 94% from the average session volume of 955,325 shares. The stock had previously closed at $2.56.

GBS Trading Down 3.1 %

The firm has a 50-day moving average of $3.85 and a two-hundred day moving average of $2.07. The firm has a market capitalization of $36.93 million, a P/E ratio of -4.43 and a beta of 1.32.

About GBS

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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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