Zacks Investment Research upgraded shares of SINO BIOPHARMACEUT HKD0.025 (NASDAQ:SBMFF) from a hold rating to a buy rating in a report released on Wednesday morning. They currently have $1.00 price objective on the stock.
According to Zacks, “Sino Biopharmaceutical Limited researches, develops, produces and sells biopharmaceutical products for the medical treatment of ophthalmia, as well as modernized Chinese medicine and chemical medicine for the treatment of hepatitis. Sino Biopharmaceutical Limited is headquartered in Wanchai, Hong Kong. “
Shares of SINO BIOPHARMACEUT HKD0.025 (NASDAQ SBMFF) opened at 0.99 on Wednesday. The firm has a market capitalization of $7.34 billion and a PE ratio of 26.05. The firm’s 50-day moving average is $0.89 and its 200 day moving average is $0.82. SINO BIOPHARMACEUT HKD0.025 has a 52 week low of $0.63 and a 52 week high of $0.99.
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