GBS (NYSE:GBS) Shares Down 0.5% – Here’s What Happened

GBS Inc. (NYSE:GBSGet Free Report)’s share price traded down 0.5% during trading on Thursday . The stock traded as low as $1.86 and last traded at $1.90. 60,577 shares were traded during trading, a decline of 94% from the average session volume of 955,325 shares. The stock had previously closed at $1.91.

GBS Stock Performance

The company has a 50-day moving average of $1.40 and a 200 day moving average of $1.62. The firm has a market cap of $28.29 million, a P/E ratio of -3.39 and a beta of 1.32.

About GBS

(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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