May 29, 2020

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Bio-Techne Corporation (NASDAQ:TECH) bounces 2.11% up on dividend News Report

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Bio-Techne Corporation (NASDAQ:TECH) stock identified change of 54.85% away from 52-week low price and recently located move of -0.23% off 52-week high price. It has market worth of $7763.56M and dividend yield of 0.62%. TECH stock has been recorded 4.80% away from 50 day moving average and 15.15% away from 200 day moving average. Moving closer, we can see that shares have been trading 4.20% off 20-day moving average.

The Healthcare sector company, Bio-Techne Corporation noticed change of 2.11% to $205.57 along volume of 118039 shares in recent session compared to an average volume of 177.81K. The stock observed return of 5.44% in 5 days trading activity. The stock was at 1.82% over one month performance. TECH’s shares are at 17.01% for the quarter and driving a 40.06% return over the course of the past year and is now at 42.05% since this point in 2018.

Bio-Techne Corporation (NASDAQ:TECH) announced that its Board of Directors has decided to pay a dividend of $0.32 per share for the quarter ended March 31, 2019. The quarterly dividend will be payable May 24, 2019 to all common shareholders of record on May 10, 2019. Future cash dividends will be considered by the Board of Directors on a quarterly basis.

Bio-Techne Corporation (NASDAQ: TECH) is a global life sciences company providing innovative tools and bioactive reagents for the research and clinical diagnostic communities. Bio-Techne products assist scientific investigations into biological processes and the nature and progress of specific diseases. They aid in drug discovery efforts and provide the means for accurate clinical tests and diagnoses. With thousands of products in its portfolio, Bio-Techne generated approximately $643 million in net sales in fiscal 2018 and has over 2,100 employees worldwide. For more information on Bio-Techne and its brands,

The average volatility for the week at 2.90% and for month was at 2.86%. There are 37.77M shares outstanding and 37.62M shares are floated in market. Right now the stock beta is 1.21.

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