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An announcement from Scientific Industries ( (SCND) ) is now available.
On August 7, 2025, Scientific Industries, Inc. entered into an Asset Purchase Agreement with Troemner, LLC, selling the assets of its Genie Division for $9,600,000 with potential earn-outs. The agreement includes a supply and transition service period, impacting the company’s operations by focusing on its Torbal Division while transferring the Genie Division’s assets and know-how to the purchaser.
Spark’s Take on SCND Stock
According to Spark, TipRanks’ AI Analyst, SCND is a Neutral.
The overall score reflects significant financial and operational challenges facing Scientific Industries, including declining revenue and profitability issues. While there is positive momentum from strategic transformations and growth in key business segments, particularly in the U.S., the company faces valuation concerns and bearish technical indicators.
To see Spark’s full report on SCND stock, click here.
More about Scientific Industries
Scientific Industries, Inc. operates in the benchtop laboratory equipment industry, focusing on products such as the Genie line and the Torbal Division, with operations based in Bohemia, New York.
Average Trading Volume: 9,518
Technical Sentiment Signal: Sell
Current Market Cap: $9.82M
See more insights into SCND stock on TipRanks’ Stock Analysis page.