Shineco Inc (SISI) At $0.18 Offering A Unique Opportunity

Shineco Inc (NASDAQ:SISI) currently has a daily average trading volume of 2.11M but it saw 1427153 shares traded in last market. With a market cap of 5.98M USD, the company’s current market price of $0.18 came rising about 11.97 while comparing to the previous closing price of $0.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.90 and as low as $0.15. In the recent trading on the day, stock has struck highest price mark of $0.158 while lowest mark touched by it was $0.1769.

Taking a look at 20-day trading activity of Shineco Inc (SISI) gives us an average price of $0.2288, while its current price level is -96.39% below from 52-week high level whereas it is 20.03% 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 $0.3726 while that of 200 days or SMA-200 reads an average of $1.1439. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.09% during that period while stretching the period over a month that increases to 17.41%. 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 33.55 which implies that the stock is in neutral territory.

Over the week, SISI’s stock price is moving -0.23% down while it is -54.05% when we observe its performance for the past one month. Year-to-date it is -84.30% down and over the past year, the stock is showing a downside performance of -87.19%.

Currently, Shineco Inc’s total number of outstanding shares is 33.82M. Company’s return on investment (ROI) stands at -87.05%. Stock’s beta reads -0.06. Stock has a price to book (P/B) ratio of 0.05 while price to sale or P/S ratio amounts to 0.61.