The stock of Shineco Inc. (SISI) has seen a 5.24% increase in the past week, with a -24.23% drop in the past month, and a -68.94% decrease in the past quarter. The volatility ratio for the week is 11.15%, and the volatility levels for the past 30 days are at 16.13% for SISI. The simple moving average for the past 20 days is -6.61% for SISI’s stock, with a -81.47% simple moving average for the past 200 days.
Is It Worth Investing in Shineco Inc. (NASDAQ: SISI) Right Now?
and a 36-month beta value of 0.17. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SISI is 13.79M, and at present, short sellers hold a 9.42% of that float. On September 18, 2023, the average trading volume of SISI was 1.85M shares.
SISI) stock’s latest price update
Shineco Inc. (NASDAQ: SISI)’s stock price has gone rise by 10.98 in comparison to its previous close of 0.12, however, the company has experienced a 5.24% increase in its stock price over the last five trading days. InvestorPlace reported 2023-08-29 that Shineco (NASDAQ: SISI ) stock is on the rise Tuesday without any clear news from the company this morning. Instead, it looks like traders can point to increased activity as the reason for today’s rally.
SISI Trading at -33.43% from the 50-Day Moving Average
After a stumble in the market that brought SISI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.04% of loss for the given period.
Volatility was left at 16.13%, however, over the last 30 days, the volatility rate increased by 11.15%, as shares sank -25.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -54.59% lower at present.
During the last 5 trading sessions, SISI rose by +5.24%, which changed the moving average for the period of 200-days by -83.11% in comparison to the 20-day moving average, which settled at $0.1460. In addition, Shineco Inc. saw -94.18% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SISI
Current profitability levels for the company are sitting at:
- -928.28 for the present operating margin
- -1.67 for the gross margin
The net margin for Shineco Inc. stands at -1125.09. The total capital return value is set at -36.78, while invested capital returns managed to touch -53.86. Equity return is now at value -41.10, with -24.00 for asset returns.
Based on Shineco Inc. (SISI), the company’s capital structure generated 44.65 points at debt to equity in total, while total debt to capital is 30.87. Total debt to assets is 24.54, with long-term debt to equity ratio resting at 2.79. Finally, the long-term debt to capital ratio is 1.93.
When we switch over and look at the enterprise to sales, we see a ratio of 2.11, with the company’s debt to enterprise value settled at 1.25. The receivables turnover for the company is 0.38 and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.06.
Conclusion
To sum up, Shineco Inc. (SISI) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
