Shares of Meridian Bioscience Inc. (VIVO) Rise Above Previous 52-Week High

February 5, 2021 11:44:40

Meridian Bioscience Inc. (NASDAQ:VIVO) traded at a new 52-week high today of $28.02. Approximately 110,000 shares have changed hands today, as compared to an average 30-day volume of 443,000 shares.

In the past 52 weeks, shares of Meridian Bioscience Inc. have traded between a low of $5.51 and a high of $28.02 and is now at $26.79, which is 386% above that low price.

Meridian Bioscience Inc. (NASDAQ:VIVO) defies analysts with a current price ($26.79) 14.9% above its average consensus price target of $22.79.

Meridian Bioscience Inc is an integrated life science company. It develops and distributes diagnostic tests and reagents, as well as biologic substances used by pharmaceutical and biotechnology companies. Its Diagnostics segment manufactures tests primarily for gastrointestinal, viral, respiratory, & parasitic infectious diseases. Its testing platforms include isothermal DNA amplification, rapid immunoassays, and enzyme-linked immunoassays. The Life sciences segment sells b-antigens, antibodies, and reagents in bulk to other diagnostic manufacturers, the agriculture industry, and researchers. It also manufactures proteins that biopharmaceutical companies use in new drugs and vaccines. The entity has a business presence in the US and other countries.

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