Sino Biopharmaceutical (OTCMKTS:SBMFF) Trading 5.3% Higher - Here's What Happened

Sino Biopharmaceutical Limited (OTCMKTS:SBMFF - Get Free Report) shares traded up 5.3% on Monday . The stock traded as high as $0.49 and last traded at $0.49. 1,500 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 2,100 shares. The stock had previously closed at $0.47.

Sino Biopharmaceutical Stock Performance

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 firm has a 50-day moving average of $0.47 and a two-hundred day moving average of $0.43.

About Sino Biopharmaceutical

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.