Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Sunshine Biopharma Inc (NASDAQ: SBFM) closed at $0.84 up 0.30% from its previous closing price of $0.84. In other words, the price has increased by $0.30 from its previous closing price. On the day, 4.93 million shares were traded. SBFM stock price reached its highest trading level at $0.9227 during the session, while it also had its lowest trading level at $0.81.
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 835404 and an Enterprise Value of -14798238. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at -0.614 whereas that against EBITDA is 3.192.
Stock Price History:
The Beta on a monthly basis for SBFM is -1.00, which has changed by -0.98333997 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, SBFM has reached a high of $140.00, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is -84.71%, while the 200-Day Moving Average is calculated to be -96.69%.
Shares Statistics:
For the past three months, SBFM has traded an average of 1.97M shares per day and 9933240 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 1713139200 were 69800 with a Short Ratio of 0.04, compared to 1710460800 on 9709. Therefore, it implies a Short% of Shares Outstanding of 69800 and a Short% of Float of 7.32.
