Xenetic Biosciences Stock Went Up By Over 28% In The Last 21 Sessions

(VIANEWS) – Shares of Xenetic Biosciences (NASDAQ: XBIO) rose by a staggering 28.57% in 21 sessions from $2.66 at 2023-05-18, to $3.42 at 15:06 EST on Tuesday, following the last session’s upward trend. NASDAQ is dropping 0.23% to $13,658.01, following the last session’s downward trend.

Xenetic Biosciences’s last close was $3.39, 66.1% under its 52-week high of $10.00.

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 $-4.03.

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 -39.06%.

Volume

Today’s last reported volume for Xenetic Biosciences is 4869 which is 80.74% below its average volume of 24766.

More news about Xenetic Biosciences (XBIO).

Leave a Reply

Your email address will not be published.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