Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Sunshine Biopharma Inc (NASDAQ: SBFM) closed at $1.76 down -46.84% from its previous closing price of $3.32. In other words, the price has decreased by -$46.84 from its previous closing price. On the day, 11.51 million shares were traded. SBFM stock price reached its highest trading level at $2.45 during the session, while it also had its lowest trading level at $1.73.
Ratios:
For a deeper understanding of Sunshine Biopharma Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 4.48. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1755341 and an Enterprise Value of -13878298. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at -0.576 whereas that against EBITDA is 2.993.
Stock Price History:
Over the past 52 weeks, SBFM has reached a high of $140.00, while it has fallen to a 52-week low of $3.10. The 50-Day Moving Average of the stock is -77.33%, while the 200-Day Moving Average is calculated to be -93.66%.
Shares Statistics:
For the past three months, SBFM has traded an average of 358.00K shares per day and 1992253 over the past ten days. A total of 0.99M shares are outstanding, with a floating share count of 0.95M. Insiders hold about 4.14% of the company’s shares, while institutions hold 11.83% stake in the company. Shares short for SBFM as of 1711584000 were 7066 with a Short Ratio of 0.02, compared to 1709164800 on 4453. Therefore, it implies a Short% of Shares Outstanding of 7066 and a Short% of Float of 0.74.
Earnings Estimates
Currently, Sunshine Biopharma Inc. analysts are dedicated to thoroughly evaluating and rating the performance of Sunshine Biopharma Inc (SBFM) in the stock market.The consensus estimate for the next quarter is $65.15, with high estimates of $13.69 and low estimates of $0.57.
