Charles River Laboratories Stock Impressive Rise On Wednesday, Outperforms Market

(VIANEWS) – The NYSE ended the session with Charles River Laboratories (CRL) rising 10.58% to $243.55 on Wednesday while NYSE jumped 0.92% to $17,224.99.

Charles River Laboratories’s last close was $220.24, 15.94% under its 52-week high of $262.00.

About Charles River Laboratories

Charles River Laboratories International, Inc., a non-clinical contract research organization, provides drug discovery, non-clinical development, and safety testing services in the United States, Europe, Canada, the Asia Pacific, and internationally. It operates through three segments: Research Models and Services (RMS), Discovery and Safety Assessment (DSA), and Manufacturing Solutions (Manufacturing). The RMS segment produces and sells rodent research model strains and purpose-bred rats and mice for use by researchers. This segment also provides a range of services to assist its clients in supporting the use of research models in research and screening non-clinical drug candidates, including research models, genetically engineered models and services, insourcing solutions, and research animal diagnostic services. The DSA segment offers early and in vivo discovery services for the identification and validation of novel targets, chemical compounds, and antibodies through delivery of non-clinical drug and therapeutic candidates ready for safety assessment; and safety assessment services, such as toxicology, pathology, safety pharmacology, bioanalysis, drug metabolism, and pharmacokinetics services. The Manufacturing segment provides in vitro methods for conventional and rapid quality control testing of sterile and non-sterile pharmaceuticals and consumer products. This segment also offers specialized testing of biologics that are outsourced by pharmaceutical and biotechnology companies; and avian vaccine services that provide specific-pathogen-free (SPF) fertile chicken eggs, SPF chickens, and diagnostic products used to manufacture vaccines. The company also provides contract vivarium operation services to biopharmaceutical clients. Charles River Laboratories International, Inc. was founded in 1947 and is headquartered in Wilmington, Massachusetts.

Earnings Per Share

As for profitability, Charles River Laboratories has a trailing twelve months EPS of $9.23.

PE Ratio

Charles River Laboratories has a trailing twelve months price to earnings ratio of 26.39. Meaning, the purchaser of the share is investing $26.39 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.96%.

Yearly Top and Bottom Value

Charles River Laboratories’s stock is valued at $243.55 at 17:08 EST, below its 52-week high of $262.00 and way higher than its 52-week low of $161.65.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 19.5% and a negative 9.7%, respectively.

Volume

Today’s last reported volume for Charles River Laboratories is 1154590 which is 127.71% above its average volume of 507034.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Charles River Laboratories’s EBITDA is 57.33.

More news about Charles River Laboratories (CRL).

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