The 50 day moving average went down $-0.61 or -21.61% and the 200 day average went down by -21.61%. The most current P/E ratio is 6.01 and market capitalization is 46.91M. Shineco, Inc., through its subsidiaries, produces, distributes, and sells health and well-being focused plant-based products under the Tenethealth and Tenet Bojian brands in China. It engages in growing and cultivating yew trees whose branches can be used for the production of anti-cancer medication, as well as for ornamental indoor bonsai tree for purifying air quality; and planting, processing, and distributing organic fruits and vegetables, such as tomato, eggplants, string beans, and peppers as well as blueberries and wine grapes. The company also develops, manufactures, and distributes Chinese medicinal herbal products and decoction pieces, including medicines for bone and joint pain, arthritis, respiratory infections, and insomnia, as well as various other common ailments; and distributes a range of Western medicines through its wholesale and retail channels. In addition, it develops and distributes FIR therapeutic clothing and textile products comprising bedding sets, such as pillows, comforters, ชุดเครื่องนอน พร้อมส่ง and sheets; underwear, T-shirts, and socks; knee and shin pads, waist supports, and other protective clothing; and body wraps or protectors for the ankle, elbow, wrist, and knee. Shineco, Inc. also sells its products online through third party e-commerce Websites. The company was formerly known as Beijing Tenet Jove Technological Development Co., Ltd. and changed its name to Shineco, Inc.
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