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Less Than Two Hours Before The Market Open, Xenetic Biosciences Is Up By 10%

(VIANEWS) – The NASDAQ opens in less than two hours and Xenetic Biosciences‘s pre-market value is already 10.36% up.

Xenetic Biosciences’s last close was $0.44, 64.74% below its 52-week high of $1.25.

The last session, NASDAQ ended with Xenetic Biosciences (XBIO) rising 7.49% to $0.44. NASDAQ slid 0.52% to $12,126.33, after two successive sessions in a row of losses, on what was a somewhat negative trend exchanging 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 value is way below its 50-day moving average of $0.51 and way under its 200-day moving average of $0.59.

Sales Growth

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

Yearly Top and Bottom Value

Xenetic Biosciences’s stock is valued at $0.44 at 08:21 EST, way under its 52-week high of $1.25 and way above its 52-week low of $0.24.

More news about Xenetic Biosciences (XBIO).

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