Xenetic Biosciences Stock Slides 9% So Far On Monday, Underperforms Market

(VIANEWS) – Shares of Xenetic Biosciences (NASDAQ: XBIO) slid 9.19% to $0.39 at 11:27 EST on Monday, after five successive sessions in a row of gains. NASDAQ is jumping 0.32% to $11,668.09, following the last session’s downward trend. This seems, up to now, a somewhat up trend exchanging session today.

Xenetic Biosciences’s last close was $0.43, 65.61% 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%.

Volatility

Xenetic Biosciences’s last week, last month’s, and last quarter’s current intraday variation average was a positive 3.54%, a negative 2.97%, and a positive 5.36%.

Xenetic Biosciences’s highest amplitude of average volatility was 5.63% (last week), 5.13% (last month), and 5.36% (last quarter).

Moving Average

Xenetic Biosciences’s worth is way under its 50-day moving average of $0.50 and way below its 200-day moving average of $0.60.

More news about Xenetic Biosciences (XBIO).

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