Lakeshore Biopharma (NASDAQ:LSB) Shares Gap Down – Time to Sell?

Shares of Lakeshore Biopharma Co., Ltd. (NASDAQ:LSBGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $6.82, but opened at $5.11. Lakeshore Biopharma shares last traded at $5.46, with a volume of 30,145 shares trading hands.

Lakeshore Biopharma Trading Down 22.1 %

The company has a current ratio of 1.13, a quick ratio of 0.87 and a debt-to-equity ratio of 0.17. The business’s 50-day moving average is $0.54.

Lakeshore Biopharma Company Profile

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LakeShore Biopharma Co, Ltd, a biopharmaceutical company, engages in discovering, developing, manufacturing, and commercializing of vaccines and therapeutic biologics for infectious diseases and cancer. The company develops a proprietary PIKA immunomodulating technology platform and a series of product targeting PIKA rabies vaccine, PIKA recombinant COVID-19 vaccine, and PIKA YS-ON-001.

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