BeyondSpring Inc. (NASDAQ:BYSI) went up by 5.48% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Biotechnology giant went up by $15.58 to trade ended Monday trading at $14.77. This is up from the $14.77 price recorded on Thursday’s trading session. Thanks to this latest performance, BYSI is closer to the higher price 52-week target of $46.00 and further from the lowest price target of $39.00. Its performance from the start of the year has also been positive, with BYSI up by 0.52% year-to-date.
BeyondSpring Inc. (BYSI) started the day trading at $14.85 and recorded an intraday high of $15.75. It also recorded an intraday low of $14.7 during Monday’s trading session. BeyondSpring Inc. is a very active stock that recorded a trading volume that is more than 7.18% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 133090, which is more than 7.18 of the total average daily trading volume of 123.53K.
BeyondSpring Inc. (NASDAQ:BYSI) 2020 Performance Impressive
The increase in BYSI’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of BYSI currently stands at $23.41, which is higher than the current trading price of the stock by 33.45%. However, BYSI’s current trading price is -66.1% lower than the 52-week low price of $9.38. In terms of trading volume, BeyondSpring Inc. currently experienced healthy participation during the last trading session. 133090 shares of BeyondSpring Inc. were traded on the stock exchange on Monday, which is more than 7.18% of the 123.53K average trading volume of the stock.
The performance of the stock has been positive over the past year. BYSI’s performance over the past one year has seen it plunge by -22.33%, while the stock has gone up by 3.32% in the last six months. The quarterly performance of BYSI currently stands at 38.98%, and it is down by -9.89% in the last month. The only negative figure was from the weekly performance, which currently reads -0.64%. At the time of writing BYSI’s report, the company has a total market cap of $470.36M, making it one of the largest publicly-traded companies in the world.BeyondSpring Inc. also has over 61 employees all over the world.
BYSI Insider Activities
For BeyondSpring Inc., insiders hold 6.50% of all company shares. The insider transactions over the past six months are down by 0.00%. After these transactions, insiders at BeyondSpring Inc. now hold 19.08M shares, which is over 7.33% of the total company stocks. Institutional investors currently hold a large chunk of the BYSI shares, as they control 68.43% of the company’s total stock.
BYSI Fundamental Analysis
For BeyondSpring Inc., the stock’s diluted earnings per share (EPS) stands at -1.79. In the coming year, analysts expect the EPS to be -2.85. The stock’s EPS growth this year is 36.20%, -48.10% in the previous five years. In terms of revenue, BeyondSpring Inc.’s quarterly sales (YOY) is shrinking at -0.59, which is higher than the average annual revenue of -48.10% over the past half a decade.
BYSI Analysts Prediction
H.C. Wainwright reiterate their Buy position on the stock ($60 and $41)
Analysts at Maxim Group believe that BYSI is Buy, and they have a price target of between $48 and $35.
At the moment, BeyondSpring Inc.’s Total Debt to Equity ratio stands at 0.08, and they have a long-term Debt to Equity ratio of 0.08.
BYSI Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of BYSI currently stands at -4.33%, while the SMA50 is -2.98%. The biggest one is the SMA200, which is currently reading 2.16% ahead of Monday’s trading session. The Relative Strength Index of this stock is 48.18.