Xenetic Biosciences, Inc. (NASDAQ:XBIO)’s share price hit a new 52-week low on Monday . The company traded as low as $1.84 and last traded at $1.84, with a volume of 16,608 shares. The stock had previously closed at $2.02.

Separately, Zacks Investment Research raised Xenetic Biosciences from a “sell” rating to a “hold” rating in a report on Thursday, July 13th.

The firm has a 50-day moving average of $2.47 and a 200-day moving average of $2.47. The firm’s market cap is $29.55 million.

Xenetic Biosciences (NASDAQ:XBIO) last posted its quarterly earnings results on Monday, August 14th. The company reported ($0.34) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.21) by ($0.13). Equities analysts expect that Xenetic Biosciences, Inc. will post ($0.89) EPS for the current year.

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Xenetic Biosciences Company Profile

Xenetic Biosciences, Inc is a clinical-stage biopharmaceutical company. The Company is focused on the research and development of certain pharmaceutical products for use in humans that includes the use of the Company’s platform technologies that enables the creation of drug therapies primarily for orphan indications.

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