Sunshine Biopharma Inc (SBFM): Investing In A Time Of Crisis

Sunshine Biopharma Inc (NASDAQ:SBFM) currently has a daily average trading volume of 4.21M but it saw 1359444 shares traded in last market. With a market cap of 8.34M USD, the company’s current market price of $0.44 came rising about 1.01 while comparing to the previous closing price of $0.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $64.50 and as low as $0.28.

Taking a look at 20-day trading activity of Sunshine Biopharma Inc (SBFM) gives us an average price of $0.4374, while its current price level is -99.32% below from 52-week high level whereas it is 56.49% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8389 while that of 200 days or SMA-200 reads an average of $16.6495. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.00% during that period while stretching the period over a month that increases to 17.82%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.55 which implies that the stock is in neutral territory.

Over the week, SBFM’s stock price is moving 27.51% up while it is -36.71% when we observe its performance for the past one month. Year-to-date it is -98.38% down and over the past year, the stock is showing a downside performance of -99.08%.

Currently, Sunshine Biopharma Inc’s total number of outstanding shares is 18.95M. Company’s return on investment (ROI) stands at -16.15% and return on equity (ROE) at -18.47%. It has a 0.73 of forward P/E ratio. Stock’s beta reads -0.97. Stock has a price to book (P/B) ratio of 0.02 while price to sale or P/S ratio amounts to 0.31. Its return on asset (ROA) is -13.88% on average.