Shineco Inc (NASDAQ: SISI) is -99.76% lower on its value in year-to-date trading and has touched a low of $0.18 and a high of $117.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SISI stock was last observed hovering at around $0.22 in the last trading session, with the day’s gains setting it 1.43%.
Currently trading at $1.65M, the stock is -39.19% and -64.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 33.24 million and changing 33241247% at the moment leaves the stock -90.40% off its SMA200. SISI registered -95.29% loss for a year compared to 6-month loss of -90.44%. The firm has a 50-day simple moving average (SMA 50) of $0.59458 and a 200-day simple moving average (SMA200) of $2.22211.
The stock witnessed a -71.19% gain in the last 1 month and extending the period to 3 months gives it a -82.94%, and is -33.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 22.33% over the week and 16.28% over the month.
Shineco Inc (SISI) has around 119 employees, a market worth around $5.16M and $9.76M in sales. Profit margin for the company is -398.81%. Distance from 52-week low is 18.44% and -99.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-71.56%).
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Shineco Inc (SISI) Top Institutional Holders
5.0 institutions hold shares in Shineco Inc (SISI), with institutional investors hold 0.54% of the company’s shares. The shares outstanding are 17.35M, and float is at 8.39M with Short Float at 10.78%. Institutions hold 0.43% of the Float.
