Shineco (TYHT) Earning Somewhat Favorable News Coverage, Accern Reports
News stories about Shineco (NASDAQ:TYHT) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shineco earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.4183327406621 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shineco (NASDAQ TYHT) traded up $0.10 during midday trading on Thursday, reaching $2.36. The company’s stock had a trading volume of 56,900 shares, compared to its average volume of 67,250. The firm has a market capitalization of $47.54, a price-to-earnings ratio of 5.90 and a beta of 3.92. Shineco has a one year low of $1.72 and a one year high of $5.29.
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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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