Sino Biopharmaceutical (OTCMKTS:SBMFF) Shares Gap Up - Should You Buy?

Key Points

• Sino Biopharmaceutical shares saw a gap up before the market opened on Wednesday, rising from a previous close of $0.91 to an opening price of $0.97.
• The stock last traded at $0.93 with a trading volume of 879 shares, indicating a 1.8% increase in price.
• Sino Biopharmaceutical operates in the pharmaceutical sector, focused on research and development in oncology, liver disease, and respiratory medications.

Sino Biopharmaceutical (OTCMKTS:SBMFF - )'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $0.91, but opened at $0.97. Sino Biopharmaceutical shares last traded at $0.93, with a volume of 879 shares.

Sino Biopharmaceutical Trading Up 1.8%

The company has a 50-day moving average price of $1.04 and a 200-day moving average price of $0.78.

Sino Biopharmaceutical Company Profile

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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