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Shineco, Inc is a drug manufacturers-specialty & generic business based in the US. Shineco shares (TYHT) are listed on the NASDAQ and all prices are listed in US Dollars. Shineco employs 318 staff and has a trailing 12-month revenue of around USD$20.8 million.
|Latest market close||USD$3.055|
|52-week range||USD$2.1 - USD$6.291|
|50-day moving average||USD$3.1564|
|200-day moving average||USD$3.4911|
|Wall St. target price||N/A|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.035|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-12)||N/A|
|1 month (2020-12-23)||-4.23%|
|3 months (2020-10-19)||N/A|
|6 months (2020-07-19)||N/A|
|1 year (2020-01-19)||N/A|
|2 years (2019-01-19)||N/A|
|3 years (2018-01-19)||N/A|
|5 years (2016-01-19)||N/A|
Valuing Shineco stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shineco's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Shineco's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Shineco shares trade at around 14x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Shineco's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$906,949.
The EBITDA is a measure of a Shineco's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$20.8 million|
|Gross profit TTM||USD$6.2 million|
|Return on assets TTM||-1.98%|
|Return on equity TTM||-8.35%|
|Market capitalisation||USD$9.6 million|
TTM: trailing 12 months
There are currently 3,652 Shineco shares held short by investors – that's known as Shineco's "short interest". This figure is 79.9% down from 18,212 last month.
There are a few different ways that this level of interest in shorting Shineco shares can be evaluated.
Shineco's "short interest ratio" (SIR) is the quantity of Shineco shares currently shorted divided by the average quantity of Shineco shares traded daily (recently around 26085.714285714). Shineco's SIR currently stands at 0.14. In other words for every 100,000 Shineco shares traded daily on the market, roughly 140 shares are currently held short.
However Shineco's short interest can also be evaluated against the total number of Shineco shares, or, against the total number of tradable Shineco shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Shineco's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Shineco shares in existence, roughly 0 shares are currently held short) or 0.0037% of the tradable shares (for every 100,000 tradable Shineco shares, roughly 4 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Shineco.
Find out more about how you can short Shineco stock.
We're not expecting Shineco to pay a dividend over the next 12 months.
Shineco's shares were split on a 1:9 basis on 17 August 2020. So if you had owned 9 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Shineco shares – just the quantity. However, indirectly, the new 800% higher share price could have impacted the market appetite for Shineco shares which in turn could have impacted Shineco's share price.
Over the last 12 months, Shineco's shares have ranged in value from as little as $2.1 up to $6.291. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Shineco's is 1.2647. This would suggest that Shineco's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Shineco, Inc., through its subsidiaries, produces, distributes, and sells health and well-being focused plant-based products in China. It processes and distributes traditional Chinese herbal medicine products, as well as other pharmaceutical products directly to individual customers. The company also plants, processes, and distributes green and organic vegetables and fruits; and grows, cultivates, and sells yew trees that are used for the production of anti-cancer medication, as well as ornamental bonsai trees for purifying indoor air quality. In addition, it offers logistics services for agricultural products. Further, the company develops, manufactures, and distributes specialized fabrics, textiles, health supplements, and other byproducts derived from an indigenous Chinese plant Apocynum Venetum. The company sells its Chinese medicinal products and western medicines through wholesale customers; and its 13 Ankang retail pharmacies operating under the Sunsimiao Pharmacies name, as well as 66 pharmacies operated by third parties. Shineco, Inc. sells its decoction pieces on the Anhui Bozhou Chinese medicine transaction market to medical materials companies and Chinese patent medicine factories. The company sells its Luobuma textile products online through third party e-commerce websites, as well as through distributors under the Tenethealth brand; and yew trees and agricultural products primarily through its sales personnel, and group and institutional sales. The company was formerly known as Beijing Tenet Jove Technological Development Co., Ltd. and changed its name to Shineco, Inc. in June 2005. Shineco, Inc. was founded in 1997 and is based in Beijing, China.
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