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Sino Biopharmaceutical (OTCMKTS:SBMFF) Sets New 52-Week High - Still a Buy?

Sino Biopharmaceutical logo with Medical background

Shares of Sino Biopharmaceutical Limited (OTCMKTS:SBMFF - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $0.63 and last traded at $0.63, with a volume of 9000 shares traded. The stock had previously closed at $0.55.

Sino Biopharmaceutical Stock Down 3.3%

The company has a quick ratio of 1.07, a current ratio of 1.15 and a debt-to-equity ratio of 0.02. The company's 50 day moving average price is $0.51 and its 200 day moving average price is $0.45.

Sino Biopharmaceutical Company Profile

(Get Free Report)

Sino Biopharmaceutical Limited, an investment holding company, operates as a research and development pharmaceutical conglomerate in the People's Republic of China. It operates through three segments: Modernised Chinese Medicines and Chemical Medicines, Investment, and Others. The company offers oncology medicines, including anlotinib hydrochloride capsules under Focus V brand, penpulimab injection under Annike brand, efbemalenograstin alfa injection under Yilishu brand, pomalidomide capsules under Anyue brand, bevacizumab injection under Anbeisi brand, rituximab injection under Delituo brand, and trastuzumab for injection under Saituo brand; liver disease medications, such as magnesium isoglycyrrhizinate injection under Tianqing Ganmei brand and entecavir dispersible tablets under Runzhong brand; and respiratory system medicines comprising budesonide suspension for inhalation under Tianqing suchang brand and colistimethate sodium for injection under Tianyun brand.

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