Update from BeyondSpring Inc. (BYSI): A steady trajectory

The closing price of BeyondSpring Inc. (NASDAQ: BYSI) was $2.50 for the day, down -6.37% from the previous closing price of $2.67. In other words, the price has decreased by -$0.1700 from its previous closing price. On the day, 602929 shares were traded. BYSI stock price reached its highest trading level at $2.7000 during the session, while it also had its lowest trading level at $2.3600.

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Ratios:

Our analysis of BYSI’s different ratios will help us gain a deeper understanding of the company.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on December 02, 2021, Downgraded its rating to Hold and sets its target price to $5 from $38 previously.

On December 02, 2021, BofA Securities Downgraded its rating to Underperform which previously was Buy and also lowered its target price recommendation from $45 to $5.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 72.04 while its Price-to-Book (P/B) ratio in mrq is 3.65.

Stock Price History:

Over the past 52 weeks, BYSI has reached a high of $3.74, while it has fallen to a 52-week low of $0.54. The 50-Day Moving Average of the stock is 1.2887, while the 200-Day Moving Average is calculated to be 1.3795.

Shares Statistics:

BYSI traded an average of 975.73K shares per day over the past three months and 718.39k shares per day over the past ten days. A total of 38.93M shares are outstanding, with a floating share count of 23.14M. Insiders hold about 40.55% of the company’s shares, while institutions hold 18.27% stake in the company. Shares short for BYSI as of Oct 13, 2022 were 2.32M with a Short Ratio of 3.23M, compared to 2.54M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 5.97% and a Short% of Float of 10.07%.

Earnings Estimates

The firm’s stock currently is rated by 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.44. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$1.38 and -$1.38 for the fiscal current year, implying an average EPS of -$1.38. EPS for the following year is -$2.49, with 1 analysts recommending between -$2.49 and -$2.49.