SEHK:1530Biotechs
Assessing 3SBio (SEHK:1530)’s Valuation After a Recent Pullback in Share Price
Recent Share Performance and Context
3SBio (SEHK:1530) has been drifting lower over the past week and month, even though its year to date and 1 year returns are still positive. That disconnect is where the opportunity, or risk, may sit for investors.
See our latest analysis for 3SBio.
Despite the latest pullback, which includes a 90 day share price return of minus 17.05%, 3SBio is still coming off a powerful year to date share price surge. This suggests that momentum is cooling rather than...