Boston, MA 09/27/2013 (wallstreetpr) – In Thursday’s trading, Pharma Bio Serv Inc (OTCMKTS:PBSV) stock rose by 0.63%. The opening price of the shares was $1.60 which was also the intraday high and the close price. Approximately 0.632 million shares were traded on Thursday and an average volume of 0.109 million shares was traded over a 30 day period. The 52- week low of the shares was $0.70 and the 52-week high was $1.65. The company has a market capitalization of 33.21 million.
Pharma Bio Serv Inc (OTCMKTS:PBSV) was incorporated on 8 June 2006. It is a technology transfer and compliance services consulting-firm. It has a laboratory testing-facility that services the U.S, Puerto Rico and European markets. Pharma Bio Serv Inc (OTCMKTS:PBSV) is involved in providing technical-compliance consulting service as well as chemical and microbiological laboratory-testing services mainly to the chemical, pharmaceutical, medical-device and bio-technology industries.
Operating segments
Its operating segments include United States technical-compliance consulting, Puerto Rico technical-compliance consulting, Ireland technical compliance consulting as well as a Puerto Rico chemical and microbiological laboratory testing division. These sections provide services mainly to the pharma, medical device, and chemical and bio-technology industries in all their respective markets. As on 30 April 2012, the Pharma Bio Serv Inc (OTCMKTS:PBSV) acquired 100percent interest in Pharma-IR, its subsidiary.
The services
Pharma Bio Serv Inc (OTCMKTS:PBSV) provides a wide range of compliance-related consulting services. It provides microbiological-testing services and chemical-testing services via its laboratory-testing facility in Puerto Rico. It provides IT consulting services and technical seminars/seminars. It offers services to its key industries and to the food and cosmetic industries. It seeks opportunities in different markets that can yield profitable-margins, with the use of its professional consulting-force.
Apart from this, the company also provides services like the ones performed by its microbiological-testing laboratory facility, by Integratek, its IT service division, and Pharma Serv Academy, its technical training division.
