Sunshine Biopharma Inc (SBFM)’s liquidity ratios and what they mean

The price of Sunshine Biopharma Inc (NASDAQ: SBFM) closed at $0.05 in the last session, down -12.65% from day before closing price of $0.06. In other words, the price has decreased by -$0.0075 from its previous closing price. On the day, 6831466 shares were traded.

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Ratios:

We take a closer look at SBFM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.11 and its Current Ratio is at 5.00. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 08 when Slilaty Steve N. bought 20,000 shares for $0.10 per share. The transaction valued at 2,000 led to the insider holds 30,000 shares of the business.

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 2.86M and an Enterprise Value of -15.31M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.06. Its current Enterprise Value per Revenue stands at -0.75 whereas that against EBITDA is 0.59.

Stock Price History:

The Beta on a monthly basis for SBFM is -1.08, which has changed by -94.11% over the last 52 weeks, in comparison to a change of 27.79% over the same period for the S&P500. Over the past 52 weeks, SBFM has reached a high of $1.40, while it has fallen to a 52-week low of $0.06. The 50-Day Moving Average of the stock is 0.2192, while the 200-Day Moving Average is calculated to be 0.3763.

Shares Statistics:

According to the various share statistics, SBFM traded on average about 1.75M shares per day over the past 3-months and 10.09M shares per day over the past 10 days. A total of 54.45M shares are outstanding, with a floating share count of 45.73M. Insiders hold about 16.02% of the company’s shares, while institutions hold 11.85% stake in the company. Shares short for SBFM as of Jan 31, 2024 were 102.64k with a Short Ratio of 0.06, compared to 114.73k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.37% and a Short% of Float of 0.43%.

Earnings Estimates

The company has 1 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$0.16 and -$0.16 for the fiscal current year, implying an average EPS of -$0.16. EPS for the following year is $0.09, with 1 analysts recommending between $0.09 and $0.09.

Revenue Estimates

Based on 1 analysts’ estimates, the company’s revenue will be $44.4M in the next fiscal year. The high estimate is $44.4M and the low estimate is $44.4M. The average revenue growth estimate for next year is up 97.20% from the average revenue estimate for this year.

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