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The closing price of Sunshine Biopharma Inc (NASDAQ: SBFM) was $2.36 for the day, up 11.32% from the previous closing price of $2.12. In other words, the price has increased by $11.32 from its previous closing price. On the day, 26.89 million shares were traded. SBFM stock price reached its highest trading level at $3.039 during the session, while it also had its lowest trading level at $2.18.
Ratios:
Our analysis of SBFM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.57 and its Current Ratio is at 5.74. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 4719197 and an Enterprise Value of -6917906. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.19. Its current Enterprise Value per Revenue stands at -0.21 whereas that against EBITDA is 1.453.
Stock Price History:
Over the past 52 weeks, SBFM has reached a high of $637.20, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is -17.65%, while the 200-Day Moving Average is calculated to be -94.05%.
Shares Statistics:
SBFM traded an average of 169.28K shares per day over the past three months and 2784260 shares per day over the past ten days. Insiders hold about 0.10% of the company’s shares, while institutions hold 1.98% stake in the company. Shares short for SBFM as of 1730332800 were 374131 with a Short Ratio of 2.21, compared to 1727654400 on 370922. Therefore, it implies a Short% of Shares Outstanding of 374131 and a Short% of Float of 18.73.
