Shineco Inc [SISI] Is Currently 3.12 above its 200 Period Moving Avg: What Does This Mean?

Shineco Inc [NASDAQ: SISI] stock went on an upward path that rose over 3.12% on Monday, amounting to a one-week price decrease of less than -23.00%.

Over the last 12 months, SISI stock dropped by -81.75%.

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The market cap for the stock reached $8.08 million, with 32.79 million shares outstanding and 29.10 million shares in the current float. Compared to the average trading volume of 1.64M shares, SISI stock reached a trading volume of 2684194 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Shineco Inc [SISI]:

The Average True Range (ATR) for Shineco Inc is set at 0.08 The Price to Book ratio for the last quarter was 0.04, with the Price to Cash per share for the same quarter was set at 0.02.

SISI Stock Performance Analysis:

Shineco Inc [SISI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.00. With this latest performance, SISI shares dropped by -56.45% in over the last four-week period, additionally sinking by -62.10% over the last 6 months – not to mention a drop of -81.75% 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 SISI stock in for the last two-week period is set at 34.88, with the RSI for the last a single of trading hit 33.26, and the three-weeks RSI is set at 37.52 for Shineco Inc [SISI]. The present Moving Average for the last 50 days of trading for this stock 0.4729, while it was recorded at 0.2389 for the last single week of trading, and 1.1933 for the last 200 days.

Insight into Shineco Inc Fundamentals:

Shineco Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.19 and a Current Ratio set at 0.52.

Shineco Inc [SISI] Institutonal Ownership Details

There are presently around $0.05%, or 0.05%% of SISI stock, in the hands of institutional investors.

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