Empery Asset Management LP purchased a new position in Sunshine Biopharma, Inc. (NASDAQ:SBFM – Get Rating) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 450,450 shares of the company's stock, valued at approximately $1,104,000. Sunshine Biopharma makes up about 5.2% of Empery Asset Management LP's investment portfolio, making the stock its 5th largest holding. Empery Asset Management LP owned 2.73% of Sunshine Biopharma as of its most recent SEC filing.
Sunshine Biopharma Price Performance
NASDAQ SBFM opened at $1.06 on Tuesday. The stock's 50 day moving average is $1.15 and its 200 day moving average is $1.99. Sunshine Biopharma, Inc. has a 12 month low of $1.01 and a 12 month high of $29.80.
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Sunshine Biopharma, Inc, a pharmaceutical and nutritional supplement company, focuses on the research and development of anticancer drugs. The company is developing Adva-27a, a GEM-difluorinated C-glycoside derivative of podophyllotoxin to treat leukemia, lymphoma, testicular, lung, brain, prostate, bladder, colon, ovarian, liver, and other forms of cancers, as well as kills multidrug resistant cancer cells, including pancreatic cancer, breast cancer, small-cell lung cancer, and uterine sarcoma cells; and SBFM-PL4, an anti-coronavirus treatment compound.Further Reading
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