Shineco (TYHT) Receiving Somewhat Favorable Press Coverage, Report Finds
News headlines about Shineco (NASDAQ:TYHT) have trended somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Shineco earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.0537920598397 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s rankings:
- SeeThruEquity Initiates Coverage on Shineco, Inc. with a Price Target of $7.50 (finance.yahoo.com)
- Breaking News: Shineco, Inc. Provides Further Update on Status of Apocynum Industrial Park Establishment in Xinjiang, China. (financialbuzz.com)
- China’s Healthcare Market is Expected to Grow as Government Changes Regulations (prnewswire.com)
Shineco (NASDAQ:TYHT) opened at $3.84 on Tuesday. Shineco has a fifty-two week low of $1.72 and a fifty-two week high of $6.33. The company has a market cap of $80.14, a PE ratio of 9.29 and a beta of 5.71.
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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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