Press coverage about Shineco (NASDAQ:TYHT) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Shineco earned a coverage optimism score of 0.01 on Accern’s scale. Accern also gave media stories about the company an impact score of 43.7091366338587 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shineco (NASDAQ TYHT) traded down 2.30% during trading on Friday, hitting $2.55. 19,616 shares of the stock traded hands. The stock has a market cap of $53.64 million and a P/E ratio of 6.87. The firm’s 50-day moving average is $2.92 and its 200 day moving average is $2.92. Shineco has a 52 week low of $2.49 and a 52 week high of $5.98.

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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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