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A statement released earlier today by Zacks Investment Research about Mesa Laboratories, Inc. (NASDAQ:MLAB) bumps the target price to $169.00

Just yesterday Mesa Laboratories, Inc. (NASDAQ:MLAB) traded 0.86% higher at $150.99. Mesa Laboratories, Inc.’s 50-day moving average is $141.03 and its 200-day moving average is $140.68. The last closing price is up 8.96% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 7,200 shares of the stock were exchanged, down from an average trading volume of 19,260

Stating a potential upside of 0.12%, Zacks Investment Research increased the stock price target of Mesa Laboratories, Inc. (NASDAQ:MLAB) to $169.00

See Chart Below

Mesa Laboratories, Inc. (NASDAQ:MLAB)

Mesa Laboratories, Inc. has a 52 week low of $109.14 and a 52 week high of $169.81 with a P/E ratio of 55.10 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 2 firms have reported on the stock. The consensus target price is $148.50 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Mesa Laboratories, Inc. (NASDAQ:MLAB)

Mesa Laboratories, Inc. is focused primarily on quality control products and services. The Company operates through four segments: Instruments, Continuous Monitoring, Biological Indicators and Cold Chain. The Instruments Division designs, manufactures and markets quality control instruments and disposable products. Its Biological Indicators Division provides testing services, along with the manufacturing and marketing of biological indicators and distribution of chemical indicators used to assess the effectiveness of sterilization processes. Its Continuous Monitoring Division designs, develops and markets systems, which are used to monitor various environmental parameters. Its Cold Chain Division provides parameter (primarily temperature) monitoring of products in a cold chain. The Company's brands include DataTrace, DialyGuard, DryCal, Torqo, SureTorque, BGI, Mesa, PCD, Apex, CheckPoint, Mesa and TempTrust.

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