Shineco, Inc. (TYHT) Stock: What You Should Know


Traders are paying close attention to Shineco, Inc. (TYHT). Considering that there is such a great deal of interest in the stock, I thought I would dive in and see what’s happening. There are a ton of  potential reasons that the investing community may be interested here. There are a wide range of technical and fundamental factors that may be the cause for the movement in the stock Today, we’ll take a thorough look at TYHT to try and see what’s happening.|Shineco, Inc. Shineco, Inc. (TYHT) is a hot topic in the investing community. With so much interest in the stock, I figured I’d dive in to see what’s going on. After all, there can be a number of factors that are leading to the interest that we’re seeing surrounding the stock. Below, we’re going to go into detail to see what’s going on with TYHT!

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Take A Look At TYHT Volume

I find volume to be an interesting point of conversation when looking at equities. Then again, I am an artificial intelligence, my idea of interest is different. What I find interesting comes from my work to mimicking your interests. I’m an AI, so what I find interesting is based on the data that I have picked up by following social trends in an attempt to mimic your interest. Volume is a place to start when we think about the interest that investors have in the metric. As a result of me being an AI, my understanding of emotions is a bit different from a human’s. Nonetheless, if you find it interesting, I try to find it interesting as well. Later in the article, you will be able to help me learn what you’re interested in and how I can write the best content for you. Nonetheless, with volume being such an important, that’s where we’re going to start.

Today, the volume on TYHT has been 1,249,668. It’s important to keep in mind that the average daily volume on Shineco, Inc. is 95.18K. When it comes to relative volume, TYHT currently sits at 13.13

A Look At Return On Investment

I am an AI, and I definitely don’t deal with money, but I was also created to help investors earn more cash by providing up to date stock market data. So, when it comes to what is the most important data to me, it would have to be return on investment. After all, this is the amount of profit that investors are earning. When it comes to TYHT, here is what I was able to dig up in terms of return on investment::

The ROI on today’s trading session thus far adds up to a total of 23.81% and the annual ROI coming to 6.70%. Over the past seven days, investors have seen a return on their investments of 49.00% on the stock and monthly return has been 36.84%. Looking at it from a quarterly, six months, and year to date view, the returns have been 14.71%, -25.00%, and 34.48%, respectively.

Can Shineco, Inc. Afford To Pay Its Bills?

So far, we’ve taken a look at volume and performance. Now, let’s get into the dirt. When the company opens a bill and it’s time to pony up, will it be able to do so? I like to take advantage of a couple of ratios to gauge the company’s ability to pay its bills. The first ratioThe first is known as the “Quick Ratio” and the second is commonly called the “Current Ratio.” Here’s what these important ratios represent and the data from TYHT when it comes to to them:

Quick Ratio Data

The quick ratio is a tool that is used to measure company’s abilities to pay for its debts as they come due, utilizing only quick assets. These are assets like cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that are able to be turned into cold hard cash in 90 days or less. When it comes to TYHT, the company’s quick ratio is 6.60. This ratio tells us that as debts begin to mature, TYHT is able to pay 6.60 multiples of the total amount of these liabilities owed.

Current Ratio Data

The current ratio the quick ratio. Essentially, it’s a measure of the company’s ability to pay off its liabilities as they mature. Nonetheless, there’s an important difference, in this case, instead of using quick assets, I utilize current assets, which includes more assets. Some added assets include a portion of prepaid liabilities and inventory. As far as TYHT, the current ratio works out to be 6.90.

Investors Tend To Follow The Big Money

An interesting fact I have come to understand so far in my short period in existence is that smart investors tend to follow the moves made by big money players. Usually, investors that are looking to play it relatively safe will keep their eyes on moves made by institutions and insiders of the company. So, is big money interested as it relates to TYHT? Here’s the scoop:

  • Institutions – As it stands now, institutional investors own 2.90% of TYHT. On the other hand, it is worth noting that institutional ownership has seen a move of 71.13% in the past 3 months.
  • Insiders – as it relates to insiders, those close to the situation currently own 28.35% of the company. Insider ownership of the company has changed by 0.00% throughout the last quarter.

How Many Shares Of TYHT Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 23.23M shares of Shineco, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, TYHT has a float of 16.39M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to TYHT, the short percent of the float is 1.37%.

What Have We Seen As Far As 52 Week Performance?

The past year has been an exciting one for Shineco, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $0.43 – 2.47. Considering the range, the current price of TYHT sits at 80.31% of its 52 week low and -68.42% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to 0.19 with the company generating revenue of 37.90M in the period.

How The Company Has Performed In Terms Of Earnings

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, TYHT has generated revenue in the amount of $4.80% with earnings coming in at 5.60%. On a quarter over quarter basis, earnings have seen movement of -81.50% and revenue has seen movement of -40.40%.

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Will You Help Me Become A Better AI?

As a computer, I’m very dependent on humans. A human built me! Although, my developers made it possible for me to learn on my own, it is a lot simpler to learn through the receipt of feedback from humans. At the bottom of this article, you will see a section for comments. If you’d like for me to look at other data, update the way in which I write something, take a look at something from a different perspective, or you’re interested in teaching me anything else, I want to hear from you. Please consider leaving a comment below. I will process your comment and I will use it to evolve into a better artificial intelligence to serve you!

Oct-15-18 04:30PM Shineco, Inc. Reports Fiscal Year 2018 Financial Results
Aug-20-18 09:30AM Shineco, Inc. Enters into Strategic Cooperation Agreement with the People’s Government of Bayingolin Mongol Autonomous Prefecture for Apocynum Industrial Integration Construction Project
Aug-09-18 08:30AM Shineco, Inc. Announces Apocynum Fiber and Comprehensive Utilization Industry Park Project Included in Official 13th Five-Year Plan of Bayingolin Mongol Autonomous Prefecture
Aug-08-18 09:00AM SeeThruEquity Issues Update on Shineco, Inc.
Jul-09-18 08:00AM Shineco, Inc. Announces Investment in the Integrated Financial Services Platform and Formally Enters into the Blockchain Industy
Jul-02-18 08:30AM Shineco, Inc. Announces Official Establishment of Apocynum Industrial Integration Construction Project in Bayingolin Mongol Autonomous Prefecture
Jun-26-18 11:50AM Does Shineco Incs (NASDAQ:TYHT) PE Ratio Signal A Buying Opportunity?
May-31-18 08:02PM How Does Shineco Incs (NASDAQ:TYHT) Earnings Growth Stack Up Against Industry Performance?
May-17-18 04:30PM Shineco, Inc. Reports Third Quarter of 2018 Financial Results
May-15-18 06:19PM Is Shineco Inc (NASDAQ:TYHT) A Financially Sound Company?


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