Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Sunshine Biopharma Inc’s current trading price is -98.55% away from its 52-week high, while its distance from the 52-week low is -34.68%. The stock’s price range over this period has fluctuated between $3.10 and $140.00. The company, operating within the financial sector, had a trading volume of approximately 7.98 million for the day, which was noticeably higher than the average daily share volume of 0.36 million over the last 3 months.
Sunshine Biopharma Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $140.00 on 05/11/23 and the lowest value was $3.10 on 04/19/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Sunshine Biopharma Inc (SBFM) has experienced a quarterly decline of -91.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.00M and boasts a workforce of 44 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 16.51, with a change in price of -25.97. Similarly, Sunshine Biopharma Inc recorded 303,871 in trading volume during the last 100 days, posting a change of -92.83%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
Today, Sunshine Biopharma Inc’s raw stochastic average for the past 50 days stands at 0.28%, indicating a decline from the raw stochastic average of the last 20 days, which was 0.57%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 2.90% and 9.09% 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. The metric has seen a significant loss of -92.54% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -93.51%. Over the past 30 days, the price of SBFM has leaped by -63.84%. And in the last five days, it has fallen by -74.72%.
