The closing price of Sunshine Biopharma Inc (NASDAQ: SBFM) was $0.06 for the day, down -1.67% from the previous closing price of $0.06. In other words, the price has decreased by -$0.0010 from its previous closing price. On the day, 2926628 shares were traded.
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 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:
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 5.87M and an Enterprise Value of -12.30M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.07. Its current Enterprise Value per Revenue stands at -0.60 whereas that against EBITDA is 0.47.
Stock Price History:
Over the past 52 weeks, SBFM has reached a high of $1.40, while it has fallen to a 52-week low of $0.04. The 50-Day Moving Average of the stock is 0.1379, while the 200-Day Moving Average is calculated to be 0.3191.
Shares Statistics:
SBFM traded an average of 15.60M shares per day over the past three months and 5.75M shares per day over the past ten days. A total of 99.45M shares are outstanding, with a floating share count of 91.94M. Insiders hold about 7.55% of the company’s shares, while institutions hold 11.83% stake in the company. Shares short for SBFM as of Feb 29, 2024 were 445.3k with a Short Ratio of 0.03, compared to 102.64k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.82% and a Short% of Float of 0.88%.
