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Navigating SBFM Stock: Sunshine Biopharma Inc Journey

The stock market performance of Sunshine Biopharma Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $1.40 on 05/11/23, while the lowest price during the same time frame was $0.21, recorded on 02/12/24.

52-week price history of SBFM Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Sunshine Biopharma Inc’s current trading price is -86.41% away from its 52-week high, while its distance from the 52-week low is -7.36%. The stock’s price range for this period has remained between $0.21 and $1.40. The Healthcare sector company’s shares managed to surpass a trading volume of around 0.58 million for the day, which was noticeably higher compared to the shares’ average daily volume of 2.52 over the last three months.

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Financial Performance and Market Capitalization

Sunshine Biopharma Inc (SBFM) has experienced a quarterly decline of -29.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.33M.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2767, with a change in price of -0.1898. Similarly, Sunshine Biopharma Inc recorded 177,807 in trading volume during the last 100 days, posting a change of -49.95%.

SBFM Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SBFM stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.03.

SBFM Stock Stochastic Average

As of today, the raw stochastic average of Sunshine Biopharma Inc over the last 50 days is at 7.40%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 8.71%. Further, the company’s Stochastic %K and %D values for the last 20 days were 16.87% and 29.97%, respectively.

SBFM Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a loss of -29.94%.However, over the last six months, we can see a stronger performance of -63.42%. Over the last 30 days, the price of SBFM has leaped by -24.28%. And in the last five days, it has fallen by -17.34%.

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