Closing Figures Unveiled: Sunshine Biopharma Inc (SBFM) Drop -7.25, Closes at 0.32

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Sunshine Biopharma Inc (NASDAQ: SBFM) closed the day trading at $0.32 down -7.25% from the previous closing price of $0.34. In other words, the price has decreased by -$7.25 from its previous closing price. On the day, 1.04 million shares were traded. SBFM stock price reached its highest trading level at $0.353 during the session, while it also had its lowest trading level at $0.312.

Ratios:

For a better understanding of SBFM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.23 and its Current Ratio is at 4.41. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’24 when Slilaty Steve N. bought 100,000 shares for $0.10 per share. The transaction valued at 10,000 led to the insider holds 130,000 shares of the business.

Slilaty Steve N. bought 20,000 shares of SBFM for $2,000 on Feb 08 ’24. The Chief Executive Officer now owns 30,000 shares after completing the transaction at $0.10 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBFM now has a Market Capitalization of 6062432 and an Enterprise Value of -10746425. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at -0.402 whereas that against EBITDA is 2.59.

Stock Price History:

Over the past 52 weeks, SBFM has reached a high of $64.50, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -79.85%, while the 200-Day Moving Average is calculated to be -98.18%.

Shares Statistics:

Over the past 3-months, SBFM traded about 4.05M shares per day on average, while over the past 10 days, SBFM traded about 5626120 shares per day. A total of 18.95M shares are outstanding, with a floating share count of 18.90M. Insiders hold about 0.22% of the company’s shares, while institutions hold 0.78% stake in the company. Shares short for SBFM as of 1715731200 were 176309 with a Short Ratio of 0.04, compared to 1713139200 on 69800. Therefore, it implies a Short% of Shares Outstanding of 176309 and a Short% of Float of 18.490000000000002.

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