BioHiTech Global (OTCMKTS:BHTG) posted its quarterly earnings data on Wednesday. The company reported ($0.15) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.10), Fidelity Earnings reports. The business had revenue of $1.05 million for the quarter.
OTCMKTS:BHTG traded down $0.20 during trading hours on Thursday, reaching $2.01. 1,570 shares of the company were exchanged, compared to its average volume of 18,040. The stock has a 50-day moving average of $1.99. BioHiTech Global has a twelve month low of $1.60 and a twelve month high of $4.50.
Separately, Ascendiant Capital Markets started coverage on shares of BioHiTech Global in a research report on Monday, July 22nd. They set a “buy” rating and a $5.00 price objective for the company.
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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