(VIANEWS) – Shares of Xenetic Biosciences (NASDAQ: XBIO) slid 9.69% to $0.59 at 12:53 EST on Friday, after two sequential sessions in a row of gains. NASDAQ is sliding 2.22% to $10,821.30, after three consecutive sessions in a row of losses. This seems, as yet, an all-around down trend trading session today.

Xenetic Biosciences’s last close was $0.65, 73.14% under its 52-week high of $2.42.

About Xenetic Biosciences

Xenetic Biosciences, Inc. is a biopharmaceutical firm that focuses on XCART, a customized chimeric receptor T cell (CART) platform technology designed to target specific patient-specific tumour neoantigens. It is involved in research and development of oncology therapies and biologic drugs. Cell-based therapies that target the B-cell receptor are developed to treat B-cell lymphomas. By partnering with pharmaceutical and biotechnology companies, it is also using PolyXen, their proprietary drug delivery platform. Takeda Pharmaceutical Co. Ltd. and Serum Institute of India Limited have signed collaboration agreements. Xenetic Biosciences, Inc. has its headquarters in Framingham, Massachusetts.

Volume

Today’s last reported volume for Xenetic Biosciences is 29769 which is 38.54% below its average volume of 48438.

The company’s growth estimates for the current quarter and the next is 20% and 15.4%, respectively.

Xenetic Biosciences’s Revenue

Year-on-year quarterly revenue growth grew by 103.4%, now sitting on 1.36M 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 2.25%, a negative 1.08%, and a positive 3.12%, respectively.

Xenetic Biosciences’s highest amplitude of average volatility was 3.69% (last week), 3.14% (last month), and 3.12% (last quarter), respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Xenetic Biosciences’s stock is considered to be overbought (>=80).

Xenetic Biosciences’s Stock Yearly Top and Bottom Value

Xenetic Biosciences’s stock is valued at $0.59 at 12:53 EST, way below its 52-week high of $2.42 and way above its 52-week low of $0.45.

Xenetic Biosciences’s Moving Average

Xenetic Biosciences’s worth is way under its 50-day moving average of $0.83 and way under its 200-day moving average of $0.95.

More news about Xenetic Biosciences (XBIO).

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