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 -99.35% away from its 52-week high, while its distance from the 52-week low is 21.31%. The stock’s price range over this period has fluctuated between $0.75 and $140.00. The company, operating within the financial sector, had a trading volume of approximately 11.16 million for the day, which was noticeably higher than the average daily share volume of 2.02 million over the last 3 months.
Sunshine Biopharma Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $140.00 on 05/11/23, while the lowest price for the same period was registered at $0.75 on 04/25/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Sunshine Biopharma Inc (SBFM) has experienced a quarterly decline of -96.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.90M 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 13.6125, with a change in price of -26.3854. Similarly, Sunshine Biopharma Inc recorded 1,383,888 in trading volume during the last 100 days, posting a change of -96.65%.
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’s raw stochastic average for Sunshine Biopharma Inc over the last 50 days is 1.22%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 1.78%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 1.15% and 0.98%, respectively.
SBFM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -96.65%.However, over the last six months, we can see a stronger performance of -96.63%. Over the last 30 days, the price of SBFM has leaped by -91.08%. And in the last five days, it has surged by 5.99%.
