Press coverage about Shineco (NASDAQ:TYHT) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Shineco earned a daily sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.8338435463599 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Shineco (NASDAQ:TYHT) opened at $3.75 on Monday. The stock has a market capitalization of $78.88, a P/E ratio of 9.15 and a beta of 5.71. Shineco has a one year low of $1.72 and a one year high of $5.98.
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Shineco Company Profile
Shineco, Inc is a holding company. The Company provides health and well-being focused plant-based products by using its subsidiaries’ and variable interest entities’ vertically- and horizontally-integrated production, distribution and sales channels. The Company operates through three segments: developing, manufacturing and distributing of specialized fabrics, textile products and other by-products derived from an indigenous Chinese plant called Apocynum Venetum, known as Bluish Dogbane (Luobuma); planting, processing and distributing of traditional Chinese medicinal herbal products, as well as other pharmaceutical products (Herbal products), and planting, processing and distributing of green and organic agricultural produce, as well as growing and cultivating of Chinese Yew trees (Agricultural products).
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