Less Than Two Hours Before The Market Open, Charles River Laboratories Is Up By 5%

(VIANEWS) – The NYSE opens in less than two hours and Charles River Laboratories‘s pre-market value is already 5% up.

Charles River Laboratories’s last close was $209.99, 19.85% below its 52-week high of $262.00.

The last session, NYSE ended with Charles River Laboratories (CRL) rising 0.49% to $209.99. NYSE slid 0.2% to $15,795.12, following the last session’s downward trend on what was a somewhat bearish trend trading session.

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 $9.72.

PE Ratio

Charles River Laboratories has a trailing twelve months price to earnings ratio of 21.6. Meaning, the purchaser of the share is investing $21.6 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 17.21%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Charles River Laboratories’s EBITDA is 3.2.

Moving Average

Charles River Laboratories’s worth is higher than its 50-day moving average of $196.64 and under its 200-day moving average of $213.34.

More news about Charles River Laboratories (CRL).

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