China SXT Pharmaceuticals Inc. [NASDAQ: SXTC] stock went on a downward path that fall over -3.35% on Monday, amounting to a one-week price decrease of less than -49.58%. The company report on May 10, 2023 at 8:00 AM that China SXT Pharmaceuticals, Inc. Receives 180-day Extension from Nasdaq to Meet Minimum Bid Price Rule.
The Company can cure this deficiency if the closing bid price of its ordinary shares is $1.00 per share or higher for at least 10 consecutive business days during this second compliance period. The Company intends to regain compliance with the minimum bid price requirement on or before October 30, 2023 and is considering all available options, including a reverse stock split if necessary. During this time, the Company’s ordinary shares will continue to be listed and traded on the Nasdaq Capital Market, and this notice will have no effect on the operations of the Company’s business.
Over the last 12 months, SXTC stock dropped by -93.05%.
The market cap for the stock reached $1.26 million, with 10.45 million shares outstanding. Compared to the average trading volume of 3.12M shares, SXTC stock reached a trading volume of 5230398 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on China SXT Pharmaceuticals Inc. [SXTC]:
The Average True Range (ATR) for China SXT Pharmaceuticals Inc. is set at 0.04, with the Price to Sales ratio for SXTC stock in the period of the last 12 months amounting to 0.63. The Price to Book ratio for the last quarter was 0.09, with the Price to Cash per share for the same quarter was set at 1.67.
SXTC Stock Performance Analysis:
China SXT Pharmaceuticals Inc. [SXTC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -49.58. With this latest performance, SXTC shares dropped by -37.31% in over the last four-week period, additionally sinking by -68.17% over the last 6 months – not to mention a drop of -93.05% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SXTC stock in for the last two-week period is set at 37.78, with the RSI for the last a single of trading hit 36.31, and the three-weeks RSI is set at 38.77 for China SXT Pharmaceuticals Inc. [SXTC]. The present Moving Average for the last 50 days of trading for this stock 0.1955, while it was recorded at 0.1456 for the last single week of trading, and 0.3576 for the last 200 days.
Insight into China SXT Pharmaceuticals Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and China SXT Pharmaceuticals Inc. [SXTC] shares currently have an operating margin of -284.40 and a Gross Margin at +21.62. China SXT Pharmaceuticals Inc.’s Net Margin is presently recorded at -301.00.
Return on Total Capital for SXTC is now -30.38, given the latest momentum, and Return on Invested Capital for the company is -37.70. Return on Equity for this stock declined to -38.15, with Return on Assets sitting at -18.81. When it comes to the capital structure of this company, China SXT Pharmaceuticals Inc. [SXTC] has a Total Debt to Total Equity ratio set at 25.57. Additionally, SXTC Total Debt to Total Capital is recorded at 20.36, with Total Debt to Total Assets ending up at 12.71. Long-Term Debt to Equity for the company is recorded at 2.49, with the Long-Term Debt to Total Capital now at 1.98.
Reflecting on the efficiency of the workforce at the company, China SXT Pharmaceuticals Inc. [SXTC] managed to generate an average of -$76,087 per employee. Receivables Turnover for the company is 0.57 with a Total Asset Turnover recorded at a value of 0.06.China SXT Pharmaceuticals Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.
China SXT Pharmaceuticals Inc. [SXTC] Institutonal Ownership Details
The top three institutional holders of SXTC stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in SXTC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in SXTC stock with ownership which is approximately 5.7381%.