3SBio (1530)
19.18 HKD +4.68 (+32.28%) Volume: 239.51M
3SBio’s stock price is soaring at 19.18 HKD, marking a significant trading session increase of +32.28%, with a robust trading volume of 239.51M. Year-to-date, the stock has impressively surged by +215.46%, highlighting 3SBio’s (1530) strong market performance.
Latest developments on 3SBio
Today, 3SBio Inc‘s stock price experienced significant movements following the news of a groundbreaking licensing agreement with pharmaceutical giant Pfizer. The agreement, valued at a record $6 billion, grants Pfizer exclusive rights to 3SBio’s promising cancer drug candidate. This deal marks a major milestone for 3SBio as Pfizer also agreed to take an equity stake in the company. The partnership has sparked investor excitement, leading to a surge in 3SBio’s stock price by over 37%. Analysts at CLSA have responded by raising their stock target for 3SBio, predicting a bright future ahead for the company in light of this lucrative collaboration with Pfizer.
A look at 3SBio Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
3SBio Inc, a biotechnology company based in China, shows promising long-term potential according to Smartkarma Smart Scores. With strong scores across the board in areas such as value, dividend, growth, resilience, and momentum, the company is positioned well for future success. This indicates a positive outlook for 3SBio Inc in terms of its overall performance and stability.
3SBio Inc, a leading player in the biotechnology industry, has received impressive ratings in key areas that are crucial for long-term success. With a focus on developing, manufacturing, and marketing biopharmaceutical products globally, the company’s high scores in value, dividend, growth, resilience, and momentum highlight its strong position in the market. Investors may find 3SBio Inc to be a promising choice for potential growth and stability in the years to come.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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