Xenetic Biosciences Already 4% Up, Almost One Hour Before The Market Open

(VIANEWS) – The NASDAQ opens in less than one hour and Xenetic Biosciences‘s pre-market value is already 4.99% up.

Xenetic Biosciences’s last close was $0.40, 68.12% under its 52-week high of $1.25.

The last session, NASDAQ ended with Xenetic Biosciences (XBIO) falling 9.96% to $0.40. NASDAQ slid 2.05% to $11,338.35, following the last session’s downward trend on what was an all-around negative 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%.

Yearly Top and Bottom Value

Xenetic Biosciences’s stock is valued at $0.40 at 08:43 EST, way under its 52-week high of $1.25 and way above its 52-week low of $0.24.

Moving Average

Xenetic Biosciences’s worth is way below its 50-day moving average of $0.47 and way below its 200-day moving average of $0.62.

Revenue Growth

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

Sales Growth

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

More news about Xenetic Biosciences (XBIO).

Leave a Reply

Your email address will not be published. Required fields are marked *