Shineco (NASDAQ:SISI) Stock Price Up 0.7% – What’s Next?

Shineco (NASDAQ:SISI) rose 0.7% during trading on Thursday . The company traded as high as $0.2095 and last traded at $0.2095. Approximately 1,034 shares traded hands during trading, a decline of 73% from the average daily volume of 3,770 shares. The stock had previously closed at $0.2080.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Shineco in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Shineco Stock Up 2.7%

The company has a fifty day moving average price of $0.24 and a 200-day moving average price of $3.03. The stock has a market capitalization of $89,266.50, a P/E ratio of 0.00 and a beta of -1.30.

Shineco Company Profile

Shineco, Inc (NASDAQ: SISI) is a China-based manufacturer focused on the research, development, production and sale of automotive refinish coatings. The company’s product line includes primers, basecoats, clearcoats and specialty coatings designed for collision repair shops, auto body refinishing centers and industrial finishing applications. Shineco’s formulations aim to meet stringent quality and environmental standards, offering high adhesion, durability and color consistency.

In addition to its core automotive refinish business, Shineco produces protective and specialty coatings for a range of substrates, including metal, wood and plastics.