Shineco Inc [NASDAQ: SISI] loss -1.30% or 1649999.78 points to close at $1650000.0 with a heavy trading volume of 33241247 shares.
It opened the trading session at $0.22, the shares rose to $0.22 and dropped to $0.193, the range by which the price of stock traded the whole day. The daily chart for SISI points out that the company has recorded -90.44% loss over the past six months.
If we look at the average trading volume of 1.65M shares, SISI reached to a volume of 33241247 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Shineco Inc [SISI]:
The Price to Book ratio for the last quarter was 0.07, with the Price to Cash per share for the same quarter was set at 0.01.
Trading performance analysis for SISI stock
Shineco Inc [SISI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -33.37. With this latest performance, SISI shares dropped by -71.19% in over the last four-week period, additionally sinking by -90.44% over the last 6 months – not to mention a drop of -95.29% in the past year of trading.
Shineco Inc [SISI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Shineco Inc [SISI] shares currently have an operating margin of -143.54% and a Gross Margin at 3.14%. Shineco Inc’s Net Margin is presently recorded at -398.81%.
Return on Equity for this stock declined to -22.74%, with Return on Assets sitting at -22.74%.
An analysis of Institutional ownership at Shineco Inc [SISI]
There are presently around $0.43%, or 0.54% of SISI stock, in the hands of institutional investors.
