{
  "symbol": "HBIO",
  "company": "Harvard Bioscience, Inc.",
  "generated_at": "2026-06-24T07:36:48.501Z",
  "event_count": 1,
  "events": [
    {
      "type": "scout_dossier",
      "ts": "2026-06-11T15:54:22.817Z",
      "summary": "Harvard Bioscience is a distressed micro-cap life sciences tools company (~$29M market cap) that executed a 10-for-1 reverse stock split on March 13, 2026. A genuine cluster of three directors and the CFO made open-market purchases in mid-March 2026 at $4.85-$5.00 — William Snider bought 21,000 shares, Stephen DeNelsky bought 10,000 shares, Mark Frost bought 5,000 shares. However, the fundamental picture is deeply troubled: accumulated deficit of $218M, stockholders' equity collapsed from $63M to $10M in one year after a $48M goodwill impairment, persistent operating losses, and high leverage (debt/equity 439%). The company has restructured its debt (Dec 2025 refinancing) and launched Project Viking consolidation expected to save ~$4M annually by 2028. The stock is near the top of its post-reverse-split range at $6.48 with no obvious near-term re-rating catalyst beyond Q2 earnings on Aug 10, 2026.",
      "verdict": "no_anomaly",
      "confidence": 5,
      "tool_calls": 21,
      "walltime_min": 23,
      "debug_path": "dossiers/2026-06-11-HBIO.scout.debug.json"
    }
  ],
  "lessons": [],
  "chart_signal": {
    "ticker": "HBIO",
    "call": "HOLD",
    "confidence": 2,
    "score": -1,
    "factors": {
      "above_200dma": "+2",
      "below_50dma": "-1",
      "momentum_flat": "0 (4.2%)",
      "rsi_neutral": "0 (49.4)",
      "recent_macd_bearish_cross": "-2 (4d ago)",
      "from_high": "0 (-23.9%)"
    },
    "summary": "HOLD (score -1) · 12-1 mom 4.2% · RSI 49.4 · above_200_only · -23.9% from high",
    "last_close": 6.01,
    "one_month_ago_close": 5.52,
    "twelve_month_ago_close": 5.3,
    "twelve_one_momentum_pct": 4.15,
    "rsi_14": 49.4,
    "ma_stack": "above_200_only",
    "from_period_high_pct": -23.92,
    "period_high": 7.9,
    "price_targets": {
      "bear": 5.53,
      "fair": 6.03,
      "bull": 9.09,
      "bear_return_pct": -8,
      "fair_return_pct": 0.4,
      "bull_return_pct": 51.2,
      "method": "street_targets ⨯ chart_floors",
      "street": {
        "target_low": 6,
        "target_mean": 6,
        "target_high": 6,
        "analyst_count": 1
      }
    },
    "generated_at": "2026-06-24T07:36:48.497Z"
  }
}