Xenetic Biosciences Stock Bearish By 28% In The Last 21 Sessions

(VIANEWS) – Shares of Xenetic Biosciences (NASDAQ: XBIO) fell by a staggering 28.85% in 21 sessions from $0.52 at 2023-02-27, to $0.37 at 10:30 EST on Tuesday, after five sequential sessions in a row of losses. NASDAQ is jumping 1.98% to $11,410.76, following the last session’s upward trend.

Xenetic Biosciences’s last close was $0.35, 72.21% under its 52-week high of $1.25.

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%.

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 $0.37 at 10:30 EST, way below its 52-week high of $1.25 and way above its 52-week low of $0.24.

Revenue Growth

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

Volatility

Xenetic Biosciences’s last week, last month’s, and last quarter’s current intraday variation average was a negative 8.94%, a negative 3.64%, and a positive 5.50%.

Xenetic Biosciences’s highest amplitude of average volatility was 8.94% (last week), 4.69% (last month), and 5.50% (last quarter).

More news about Xenetic Biosciences (XBIO).

Leave a Reply

Your email address will not be published.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