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China SXT Pharmaceuticals (NASDAQ:SXTC) Stock Price Down 5.7% - What's Next?

China SXT Pharmaceuticals logo with Medical background

Key Points

  • China SXT Pharmaceuticals shares fell by 5.7% on Monday, reaching a low of $1.46 before closing at $1.48, reflecting a decline in trading volume by 6% compared to average levels.
  • Wall Street analysts upgraded the stock from a "sell" to a "hold" rating, indicating a potential stabilization in investor sentiment.
  • The company maintains a low debt-to-equity ratio of 0.01 and is actively involved in the research and sale of traditional Chinese medicine products.
  • Want stock alerts on China SXT Pharmaceuticals? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of China SXT Pharmaceuticals, Inc. (NASDAQ:SXTC - Get Free Report) traded down 5.7% during mid-day trading on Monday . The company traded as low as $1.46 and last traded at $1.48. 36,926 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 39,235 shares. The stock had previously closed at $1.57.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of China SXT Pharmaceuticals from a "sell" rating to a "hold" rating in a research report on Saturday, August 2nd.

Check Out Our Latest Research Report on SXTC

China SXT Pharmaceuticals Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.40 and a current ratio of 3.54. The firm's 50-day moving average is $1.67 and its 200-day moving average is $2.23.

China SXT Pharmaceuticals Company Profile

(Get Free Report)

China SXT Pharmaceuticals, Inc, a pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine pieces (TCMP) in China. The company offers advanced, fine, and regular TCMP products, and raw medicinal material, such as ChenXiang, SanQiFen, HongQi, SuMu, JiangXiang, CuYanHuSuo, XiaTianWu, LuXueJing, XueJie, ChaoSuanZaoRen, HongQuMi, ChuanBeiMu, HuangShuKuiHua, WuWeiZi, DingXiang, RenShen, QingGuo, JueMingZi, and ShaRen.

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