Shineco Inc (NASDAQ:TYHT) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $0.62 and last traded at $0.61, with a volume of 35770 shares changing hands. The stock had previously closed at $0.67.
The stock has a market capitalization of $14.65 million, a price-to-earnings ratio of 1.60 and a beta of 1.11.
Shineco (NASDAQ:TYHT) last posted its quarterly earnings data on Monday, October 15th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $8.62 million for the quarter. Shineco had a return on equity of 11.76% and a net margin of 15.95%.
About Shineco (NASDAQ:TYHT)
Shineco, Inc, a holding company, through its subsidiaries, produces, distributes, and sells health and well-being focused plant-based products in China. It processes and distributes traditional Chinese herbal medicine products, as well as other pharmaceutical products directly to individual customers.
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