SBC Medical Group (NASDAQ:SBC) Shares Gap Down – Time to Sell?

Shares of SBC Medical Group Holdings Incorporated (NASDAQ:SBC) gapped down before the market opened on Friday . The stock had previously closed at $5.33, but opened at $5.00. SBC Medical Group shares last traded at $5.23, with a volume of 18,817 shares traded.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of SBC Medical Group to a “strong-buy” rating in a research report on Saturday, June 21st.

SBC Medical Group Stock Down 5.3%

The company’s 50-day moving average price is $4.31 and its 200-day moving average price is $4.33. The company has a current ratio of 4.44, a quick ratio of 4.40 and a debt-to-equity ratio of 0.03.

SBC Medical Group (NASDAQ:SBC) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.10. The company had revenue of $47.33 million for the quarter, compared to the consensus estimate of $51.52 million. On average, research analysts anticipate that SBC Medical Group Holdings Incorporated will post 5.02 EPS for the current fiscal year.

About SBC Medical Group

SBC Medical Group Holdings Incorporated, through its subsidiaries, provides services to support the operation of clinics which deliver specialized medical services in the areas of cosmetic medicine, esthetic dentistry and Androgenetic Alopecia or AGA, primarily in Japan and centered on the SBC Shonan Beauty Clinic Brand.