Shineco Inc (NASDAQ: SISI) is -99.05% lower on its value in year-to-date trading and has touched a low of $0.15 and a high of $17.52 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 $0.18 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.15, the stock is -12.68% and -56.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.17 million and changing -13.16% at the moment leaves the stock -89.74% off its SMA200. SISI registered -96.60% loss for a year compared to 6-month loss of -90.68%. The firm has a 50-day simple moving average (SMA 50) of $0.35748 and a 200-day simple moving average (SMA200) of $1.499075.
The stock witnessed a -28.80% gain in the last 1 month and extending the period to 3 months gives it a -76.70%, and is -5.35% 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 12.23% over the week and 11.93% over the month.
Shineco Inc (SISI) has around 119 employees, a market worth around $6.92M and $9.76M in sales. Profit margin for the company is -398.81%. Distance from 52-week low is 0.72% and -99.12% 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 0.90% of the company’s shares. The shares outstanding are 45.03M, and float is at 18.22M with Short Float at 1.89%. Institutions hold 0.43% of the Float.
