Shineco Inc (NASDAQ: SISI) is -99.74% 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 $0.19 in the last trading session, with the day’s gains setting it 1.41%.
Currently trading at $1.60M, the stock is -48.17% and -66.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 1400910% at the moment leaves the stock -91.04% off its SMA200. SISI registered -95.41% loss for a year compared to 6-month loss of -89.85%. The firm has a 50-day simple moving average (SMA 50) of $0.62022 and a 200-day simple moving average (SMA200) of $2.321965.
The stock witnessed a -70.50% gain in the last 1 month and extending the period to 3 months gives it a -80.92%, and is -35.00% 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 18.31% over the week and 15.44% over the month.
Shineco Inc (SISI) has around 119 employees, a market worth around $4.32M and $9.76M in sales. Profit margin for the company is -398.81%. Distance from 52-week low is 15.56% and -99.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-71.56%).
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 3.83%. Institutions hold 0.43% of the Float.
