Sunshine Biopharma Inc (SBFM): Uncovering A True Diamond In The Rough

Sunshine Biopharma Inc (NASDAQ:SBFM) currently has a daily average trading volume of 102.14K but it saw 2755116 shares traded in last market. With a market cap of 4.03M USD, the company’s current market price of $3.30 came rising about 10.37 while comparing to the previous closing price of $2.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $780.20 and as low as $2.42. In the recent trading on the day, stock has struck highest price mark of $3.01 while lowest mark touched by it was $3.44.

Taking a look at 20-day trading activity of Sunshine Biopharma Inc (SBFM) gives us an average price of $2.89, while its current price level is -99.58% below from 52-week high level whereas it is 36.36% 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 $4.04 while that of 200 days or SMA-200 reads an average of $155.94. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.37% during that period while stretching the period over a month that decreases to 6.61%. 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 49.73 which implies that the stock is in neutral territory.

Over the week, SBFM’s stock price is moving 17.86% up while it is 10.74% when we observe its performance for the past one month. Year-to-date it is -99.39% down and over the past year, the stock is showing a downside performance of -99.57%.

Company’s return on investment (ROI) stands at -15.36% and return on equity (ROE) at -15.79%. Stock’s beta reads -1.10. Stock has a price to book (P/B) ratio of 0.16 while price to sale or P/S ratio amounts to 0.13. Its return on asset (ROA) is -12.75% on average.