Stellar Biotechnologies Inc Expected to Post FY2021 Earnings of ($0.51) Per Share (SBOT)

Stellar Biotechnologies Inc (NASDAQ:SBOT) – Research analysts at Zacks Investment Research issued their FY2021 earnings per share (EPS) estimates for Stellar Biotechnologies in a report issued on Wednesday. Zacks Investment Research analyst B. Marckx anticipates that the biotechnology company will post earnings per share of ($0.51) for the year.

Stellar Biotechnologies (NASDAQ:SBOT) last issued its earnings results on Friday, December 1st. The biotechnology company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.02. Stellar Biotechnologies had a negative net margin of 4,579.63% and a negative return on equity of 62.27%.

Shares of Stellar Biotechnologies (NASDAQ:SBOT) traded down $0.04 during trading hours on Thursday, hitting $0.80. 14,888 shares of the company’s stock were exchanged, compared to its average volume of 55,596. The firm has a market cap of $8.84, a price-to-earnings ratio of -1.67 and a beta of 0.51. Stellar Biotechnologies has a 52 week low of $0.75 and a 52 week high of $2.22.

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About Stellar Biotechnologies

Stellar Biotechnologies, Inc is a biotechnology company. The Company is engaged in the aquaculture, research and development, manufacture and commercialization of Keyhole Limpet Hemocyanin (KLH). KLH is an immune-stimulating protein. KLH can be used as an active pharmaceutical ingredient (API) and combined with a disease-targeting agent to create immunotherapies for the treatment of a range of diseases.

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