China SXT Pharmaceuticals Inc. (NASDAQ:SXTC) finished Wednesday with a subtraction of -$0.03 to close at $0.15, a downside of -15.64 percent. An average of 28,161,920 shares of common stock have been traded in the last five days. There was a gain of $0.0020 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 7,426,605 shares traded, while the 50-day average volume stands at 3,188,422.
SXTC stock has decreased by -20.21% in the last month. The company shares reached their 1-month lowest point of $0.1363 on 08/15/23. With the stock rallying to its 52-week high on 01/17/23, shares of the company touched a low of $0.14 and a high of $2.17 in 52 weeks. It has reached a new high 6 times so far this year and lost -72.32% or -$0.3920 in price. In spite of this, the price is down -93.09% from the 52-week high.
Valuation Metrics
China SXT Pharmaceuticals Inc. (SXTC) stock’s beta is 0.80. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.78, the price-to-book (PB) ratio at 0.11.
Financial Health
The quick ratio of China SXT Pharmaceuticals Inc. for the recent quarter was 1.30, and the current ratio was 1.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.01 and a total debt to equity ratio of 0.23 for the recent quarter. China SXT Pharmaceuticals Inc.’s EBITDA margin is -271.72%. Its gross profit as reported stood at $0.43 million compared to revenue of $1.97 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, China SXT Pharmaceuticals Inc.’s return on assets was -22.00%.
Technical Picture
From a technical analysis perspective, let’s take a brief look at China SXT Pharmaceuticals Inc. (SXTC) price momentum. RSI 9-day as of the close on 23 August was 42.61%, suggesting the stock is Neutral, with historical volatility in this time frame at 319.86%.
As of today, SXTC’s price is $0.1717 +1.35% or $0.0020 from its 5-day moving average. SXTC is currently trading -20.21% lower than its 20-day SMA and -45.45% lower than its 100-day SMA. However, the stock’s current price level is -33.75% below the SMA50 and -74.02% below the SMA200.
The stochastic %K and %D were 22.19% and 22.36%, respectively, and the average true range (ATR) was 0.0466. With the 14-day stochastic at 5.74% and the average true range at 0.0388, the RSI (14) stands at 42.69%. The stock has reached 0.0249 on the 9-day MACD Oscillator while the 14-day reading was at 0.0165.
