Less Than Five Hours Before The Market Open, Xenetic Biosciences Is Down By 7%

(VIANEWS) – The NASDAQ opens in less than five hours and Xenetic Biosciences‘s pre-market value is already 7.92% down.

Xenetic Biosciences’s last close was $4.17, 58.3% under its 52-week high of $10.00.

The last session, NASDAQ ended with Xenetic Biosciences (XBIO) sliding 1.88% to $4.17. NASDAQ jumped 0.61% to $14,144.56, after two sequential sessions in a row of gains, on what was a somewhat up trend trading session.

About Xenetic Biosciences

Xenetic Biosciences, Inc., a biopharmaceutical company, focuses on advancing XCART, a personalized chimeric antigen receptor T cell (CAR T) platform technology engineered to target patient-specific tumor neoantigens. The company engages in the development of biologic drugs and therapeutics. It advances cell-based therapeutics targeting the B-cell receptor on the surface of an individual patient's malignant tumor cells for the treatment of B-cell lymphomas. In addition, the company leveraging PolyXen, its proprietary drug delivery platform, by partnering with biotechnology and pharmaceutical companies. It has collaboration agreements with Takeda Pharmaceutical Co. Ltd., Serum Institute of India Limited, and PJSC Pharmsynthez. Xenetic Biosciences, Inc. is headquartered in Framingham, Massachusetts.

Earnings Per Share

As for profitability, Xenetic Biosciences has a trailing twelve months EPS of $-4.37.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -39.06%.

Yearly Top and Bottom Value

Xenetic Biosciences’s stock is valued at $4.17 at 05:21 EST, way below its 52-week high of $10.00 and way above its 52-week low of $2.40.

Volume

Today’s last reported volume for Xenetic Biosciences is 9154 which is 77.54% below its average volume of 34393.

More news about Xenetic Biosciences (XBIO).

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