Shares of Shineco (NASDAQ:SISI – Get Free Report) crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $0.16 and traded as low as $0.0506. Shineco shares last traded at $0.0506, with a volume of 514 shares.
Shineco Stock Performance
The business’s fifty day simple moving average is $0.12 and its 200-day simple moving average is $0.16. The firm has a market capitalization of $20,999.00, a PE ratio of -0.00 and a beta of -1.76.
About Shineco
Shineco, Inc is a China-based holding company focused on the development, production and distribution of plant-based products. Through its operating subsidiaries, the company has been involved in health and wellness products, herbal products, agricultural goods and other products derived from renewable or natural resources.
The company’s activities have included the cultivation and sale of agricultural products, as well as the manufacture and distribution of traditional herbal and plant-based products.
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