Ideas And Forecasts On Sunshine Biopharma Inc (NASDAQ: SBFM)

money audit

Sunshine Biopharma Inc (NASDAQ:SBFM) currently has a daily average trading volume of 639.12K but it saw 1746073 shares traded in last market. With a market cap of 5.94M USD, the company’s current market price of $2.97 came rising about 6.45 while comparing to the previous closing price of $2.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $608.00 and as low as $2.11. In the recent trading on the day, stock has struck highest price mark of $2.8201 while lowest mark touched by it was $3.06.

Taking a look at 20-day trading activity of Sunshine Biopharma Inc (SBFM) gives us an average price of $2.60, while its current price level is -99.51% below from 52-week high level whereas it is 41.05% 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 $2.84 while that of 200 days or SMA-200 reads an average of $32.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.62% during that period while stretching the period over a month that decreases to 11.59%. 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 56.12 which implies that the stock is in neutral territory.

Over the week, SBFM’s stock price is moving -2.30% down while it is 2.77% when we observe its performance for the past one month. Year-to-date it is -99.45% down and over the past year, the stock is showing a downside performance of -99.45%.

Currently, Sunshine Biopharma Inc’s total number of outstanding shares is 2.00M. Company’s return on investment (ROI) stands at -16.59% and return on equity (ROE) at -17.98%. Stock’s beta reads -0.94. Stock has a price to book (P/B) ratio of 0.24 while price to sale or P/S ratio amounts to 0.18. Its return on asset (ROA) is -14.65% on average.