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Sino Biopharmaceutical (OTCMKTS:SBMFF) Sets New 52-Week High - Should You Buy?

Sino Biopharmaceutical logo with Medical background

Sino Biopharmaceutical Limited (OTCMKTS:SBMFF - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $0.54 and last traded at $0.54, with a volume of 1000 shares traded. The stock had previously closed at $0.50.

Sino Biopharmaceutical Trading Up 9.6%

The company has a debt-to-equity ratio of 0.02, a current ratio of 1.15 and a quick ratio of 1.07. The business has a 50-day moving average of $0.47 and a 200 day moving average of $0.43.

About Sino Biopharmaceutical

(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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