Less Than One Hour Before The NASDAQ Open, Xenetic Biosciences Is Up By 6%

(VIANEWS) – The NASDAQ opens in less than one hour and Xenetic Biosciences‘s pre-market value is already 6.99% up.

Xenetic Biosciences’s last close was $0.58, 53.64% below its 52-week high of $1.25.

The last session, NASDAQ finished with Xenetic Biosciences (XBIO) jumping 3.98% to $0.58. NASDAQ dropped 0.58% to $11,787.27, after two sequential sessions in a row of losses, on what was a somewhat down 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 discovery, research, and development of biologic drugs and oncology 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. It is also 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, PJSC Pharmsynthez, and SynBio LLC. Xenetic Biosciences, Inc. is headquartered in Framingham, Massachusetts.

Earnings Per Share

As for profitability, Xenetic Biosciences has a trailing twelve months EPS of $-1.704.

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 -39.85%.

Moving Average

Xenetic Biosciences’s worth is way higher than its 50-day moving average of $0.46 and below its 200-day moving average of $0.62.

Sales Growth

Xenetic Biosciences’s sales growth for the current quarter is negative 39.9%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.6%, now sitting on 1.55M for the twelve trailing months.

Volume

Today’s last reported volume for Xenetic Biosciences is 16725 which is 79.4% below its average volume of 74509.

More news about Xenetic Biosciences (XBIO).

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