Xenetic Biosciences Stock Impressive Fall 11% At Session Start On Thursday, Underperforms Market

(VIANEWS) – Shares of Xenetic Biosciences (NASDAQ: XBIO) slid by a staggering 11.57% to $0.45 at 10:18 EST on Thursday, after five successive sessions in a row of losses. NASDAQ is sliding 0.66% to $11,379.48, after four sequential sessions in a row of losses. This seems, up to now, a somewhat negative trend trading session today.

Xenetic Biosciences’s last close was $0.51, 59.2% below 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%.

Volatility

Xenetic Biosciences’s last week, last month’s, and last quarter’s current intraday variation average was a negative 5.17%, a negative 2.48%, and a positive 5.37%.

Xenetic Biosciences’s highest amplitude of average volatility was 5.17% (last week), 4.38% (last month), and 5.37% (last quarter).

More news about Xenetic Biosciences (XBIO).

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