Xenetic Biosciences Stock Bullish Momentum With A 14% Rise So Far Today

(VIANEWS) – Shares of Xenetic Biosciences (NASDAQ: XBIO) jumped by a staggering 14.52% to $0.48 at 11:26 EST on Thursday, following the last session’s upward trend. NASDAQ is dropping 0.32% to $11,986.70, after three successive sessions in a row of losses. This seems, at the moment, a somewhat negative trend trading session today.

Xenetic Biosciences’s last close was $0.42, 62.83% under its 52-week high of $1.13.

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 $-0.46.

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 -40.9%.

Volatility

Xenetic Biosciences’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.03%, a negative 0.11%, and a positive 4.66%.

Xenetic Biosciences’s highest amplitude of average volatility was 4.43% (last week), 3.70% (last month), and 4.66% (last quarter).

Moving Average

Xenetic Biosciences’s value is below its 50-day moving average of $0.49 and way below its 200-day moving average of $0.57.

More news about Xenetic Biosciences (XBIO).

Leave a Reply

Your email address will not be published.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