BioHiTech Global (NASDAQ:BHTG) Announces Earnings Results, Misses Estimates By $0.03 EPS

BioHiTech Global (NASDAQ:BHTG) announced its earnings results on Tuesday. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.03), MarketWatch Earnings reports. BioHiTech Global had a negative net margin of 187.90% and a negative return on equity of 228.33%.

Shares of BHTG opened at $2.51 on Wednesday. The stock has a 50-day simple moving average of $1.34 and a 200-day simple moving average of $1.55. The company has a debt-to-equity ratio of 16.94, a quick ratio of 0.47 and a current ratio of 0.52. The stock has a market capitalization of $47.78 million, a PE ratio of -4.48 and a beta of 1.74. BioHiTech Global has a 1 year low of $1.01 and a 1 year high of $4.40.

Separately, Maxim Group reiterated a “buy” rating and issued a $2.50 price objective on shares of BioHiTech Global in a research note on Thursday, May 28th.

BioHiTech Global Company Profile

BioHiTech Global, Inc provides an environmentally friendly solution for food waste disposal. The Company, through its subsidiaries, BioHiTech America, LLC and BioHiTech Europe Limited, offers its customers various technologies integrating technological, biological and mechanical engineering solutions for the control, reduction and/or reuse of organic waste.

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Earnings History for BioHiTech Global (NASDAQ:BHTG)

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