In today’s recent session, 0.62 million shares of the Sunshine Biopharma Inc (NASDAQ:SBFM) have been traded, and its beta is -0.93. Most recently the company’s share price was $0.25, and it changed around $0.01 or 5.67% from the last close, which brings the market valuation of the company to $5.89M. SBFM at last check was trading at a discount to its 52-week high of $64.50, offering almost -25700.0% off that amount. The share price’s 52-week low was $0.21, which indicates that the recent value has risen by an impressive 16.0% since then. We note from Sunshine Biopharma Inc’s average daily trading volume that its 10-day average is 0.9 million shares, with the 3-month average coming to 2.80 million.
Sunshine Biopharma Inc (NASDAQ:SBFM) trade information
Instantly SBFM has been showing a green trend so far today with a performance of 5.67% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.2920 on recent trading dayincreased the stock’s daily price by 14.38%. The company’s shares are currently down -99.07% year-to-date, but still down -12.08% over the last five days. On the other hand, Sunshine Biopharma Inc (NASDAQ:SBFM) is -27.80% down in the 30-day period. We can see from the shorts that 0.36 million shares have been sold at a short interest cover period of 0.17 day(s).
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Sunshine Biopharma Inc (SBFM) estimates and forecasts
The year-over-year growth rate is expected to be 84.30%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 9M in revenue for the current quarter. 1 analysts expect Sunshine Biopharma Inc to make 12.6M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 111.50%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 73.50%.
SBFM Dividends
Sunshine Biopharma Inc’s next quarterly earnings report is expected to be released on 2024-Aug-09.
Sunshine Biopharma Inc (NASDAQ:SBFM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.40% of Sunshine Biopharma Inc shares, and 0.40% of them are in the hands of institutional investors. The stock currently has a share float of 0.41%. Sunshine Biopharma Inc stock is held by 15.0 institutions, with RISE ADVISORS, LLC being the largest institutional investor. By 2024-03-31, it held 0.0028% of the shares, which is about 18.0 shares worth $1.0.
