Currently, BeyondSpring Inc’s (BYSI) stock is trading at $3.56, marking a gain of 22.76% from last night’s close. At this price, the stock is 11.60% below its 52-week high of $3.19 and 444.84% above its 52-week low of $0.65. Based on the past 30-day period, the stock price is -1.91% below the high and +245.19% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, BYSI’s SMA-200 is $1.03.
How does BeyondSpring Inc (BYSI) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 2 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.50 in simple terms.
BeyondSpring Inc (BYSI): Earnings History
If we examine BeyondSpring Inc’s recent earnings history, in the last quarter ended on 12/30/2021, it posted adjusted earnings per share of -$0.24, slashing the consensus of -$0.26. In other words, it beat the consensus by $0.02, resulting in a 7.70% surprise. In the 3 months period before the previous quarter which was closed on 12/30/2021, the stock recorded adjusted earnings per share of -$0.24 in contrast with the Outlook of -$0.26. That was a difference of $0.02 and a surprise of 7.70%.
BeyondSpring Inc (NASDAQ: BYSI) Ownership Details
I will give a breakdown of the key shareholders in BeyondSpring Inc (BYSI). Recent figures show that the company’s insiders hold 26.47% of shares. A total of 30 institutional investors hold shares in the company, making 14.08% of its stock and 19.15% of its float.
Sep 29, 2023, it was reported that the Company’s largest institutional holder is Decheng Capital Management III (Cayman), LLC holding total of 4.96 million shares that make 12.74% of the company’s total number of shares and are currently priced at 17.77 million.
The securities firm Decheng Capital LLC holds 4.96 million shares of BYSI, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 12.74%, and the holding percentage of shares is valued at 17.77 million.
An overview of BeyondSpring Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests BeyondSpring Inc (BYSI) traded 328,360 shares per day, with a moving average of $1.48 and price change of +2.55. With the moving average of $1.14 and a price change of +2.68, about 157,734 shares changed hands on average over the past 50 days. Finally, BYSI’s 100-day average volume is 124,341 shares, alongside a moving average of $1.05 and a price change of +2.86.
