Baiyu Holdings Inc (NASDAQ:BYU) traded at $0.21 at close of the session on current trade day and made an upward move of 6.55% on its previous day’s price.
Looking at the stock we see that its previous close was $0.20 and the beta (5Y monthly) reads 0.482 with the day’s price range being $0.1922 – $0.2169. The company has a trailing 12-month PE ratio of 0.53. In terms of its 52-week price range, BYU has a high of $6.38 and a low of $0.19. The company’s stock has lost about -86.01% over that past 30 days.
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Baiyu Holdings Inc has a market cap of $10.47 million and is expected to release its quarterly earnings report in December.
On the other hand, looking at the outlook for the BYU stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 50% Buy.
Looking further, we note the current price level is -18.43% off its SMA20 and -85.83% from its 50-day simple moving average. The RSI (14) is pointing at 33.77 while the volatility over the past week is 10.40% and jumps to 26.84% over the past one month. The beta value is 0.43, while the average true range (ATR) is currently pointing at 0.23.
Coming back to Baiyu Holdings Inc (NASDAQ:BYU), we note that the average 3-month trading volume was 2.59 million, while that of the preceding 10-day period stands at 1.42 million. Current shares outstanding are 49.95 million.
The insiders hold 53.57% of the company’s shares while institutions hold 0.16%. The data shows that short shares as of 2024-10-15, stood at 1.19 million at a short ratio of 0.65. This represents a 282.00 short interest in shares outstanding on 2024-10-15. Shares short fall in October from the previous month at 1.21 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -87.21% down in year-to-date price movement.
