Ideas And Forecasts On Baiyu Holdings Inc (NASDAQ: BYU)

Baiyu Holdings Inc (NASDAQ:BYU) currently has a daily average trading volume of 98.65K but it saw 4401299 shares traded in last market. With a market cap of 269.73M USD, the company’s current market price of $5.40 came rising about 22.73 while comparing to the previous closing price of $4.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $55.00 and as low as $1.04. In the recent trading on the day, stock has struck highest price mark of $4.18 while lowest mark touched by it was $5.5.

Taking a look at 20-day trading activity of Baiyu Holdings Inc (BYU) gives us an average price of $2.39, while its current price level is -90.18% below from 52-week high level whereas it is 419.23% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.66 while that of 200 days or SMA-200 reads an average of $1.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 29.66% during that period while stretching the period over a month that decreases to 21.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 93.13 which implies that the stock is in overbought territory.

Over the week, BYU’s stock price is moving 38.11% up while it is 350.00% when we observe its performance for the past one month. Year-to-date it is 229.27% up and over the past year, the stock is showing a downside performance of -63.51%.

Currently, Baiyu Holdings Inc’s total number of outstanding shares is 49.95M. Company’s return on investment (ROI) stands at 1.94% and return on equity (ROE) at 2.17%. It has a price to earnings ratio (P/E ratio) of 13.72. Stock’s beta reads 0.29. Stock has a price to book (P/B) ratio of 0.64 while price to sale or P/S ratio amounts to 2.25. Its return on asset (ROA) is 1.82% on average.