Can Buying Baiyu Holdings Inc (NASDAQ: BYU) Still Be Worthwhile?

Baiyu Holdings Inc (NASDAQ:BYU) does about 41.48K shares in volume on a normal day but saw 1396952 shares change hands in the recent trading day. The company now has a market cap of 139.86M USD. Its current market price is $2.80, marking an increase of 42.86% compared to the previous close of $1.96. The 52 week high reached by this stock is $57.00 whilst the lowest price level in 52 weeks is $1.04.

Baiyu Holdings Inc (BYU) has a 20-day trading average at $1.3700 and the current price is -95.09% off the 52-week high compared with 169.23% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.2400 and its 200-day simple moving average is $1.4000. If we look at the stock’s price movements over the week, volatility stands at 33.48%, which decreases to 12.49% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 94.81 to suggest the stock is overbought.

The consensus objective for the share price is $12.00, suggesting that the stock has a potential upside of 76.67% over the period.

Baiyu Holdings Inc (BYU) stock is up 110.54% over the week and 135.31% over the past month. Its price is 70.73% year-to-date and -89.31% over the past year.

To reach the target analysts have set, the stock logically needs to grow 76.67 percent from here.

The company has a return on investment of 1.94% and return on equity of 2.17%. The price to earnings ratio (P/E ratio) amounts to 7.11. The beta has a value of 0.29. Price to book ratio is 0.33 and price to sales ratio is 1.16.