Shineco (NASDAQ:TYHT) Downgraded to “Hold” at ValuEngine

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ValuEngine lowered shares of Shineco (NASDAQ:TYHT) from a buy rating to a hold rating in a research report sent to investors on Monday, ValuEngine reports.

NASDAQ:TYHT opened at $3.45 on Monday. The firm has a market capitalization of $10.13 million, a PE ratio of -2.02 and a beta of 1.20. The business’s fifty day moving average price is $4.25 and its 200 day moving average price is $4.36. Shineco has a 12 month low of $3.03 and a 12 month high of $9.63.

Shineco Company Profile

Shineco, Inc, a holding company, through its subsidiaries, produces, distributes, and sells health and well-being focused plant-based products in China. It processes and distributes traditional Chinese herbal medicine products, as well as other pharmaceutical products directly to individual customers.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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