Volatility Is Your Friend: Baiyu Holdings Inc (BYU) Is Hot Again

Baiyu Holdings Inc (NASDAQ:BYU) does about 167.99K shares in volume on a normal day but saw 5317847 shares change hands in the recent trading day. The company now has a market cap of 290.71M USD. Its current market price is $5.82, marking an increase of 7.78% compared to the previous close of $5.40. The 52 week high reached by this stock is $12.40 whilst the lowest price level in 52 weeks is $1.04.

Baiyu Holdings Inc (BYU) has a 20-day trading average at $2.62 and the current price is -53.06% off the 52-week high compared with 459.62% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.76 and its 200-day simple moving average is $1.49. If we look at the stock’s price movements over the week, volatility stands at 23.36%, which decreases to 22.24% 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 93.90 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 51.5% over the period.

The current price level is 143.57%, 250.25%, and 296.87% away from its SMA20, SMA50, and SMA200 respectively, with the BYU price moving below the 50-day SMA on current market day. Baiyu Holdings Inc (BYU) stock is up 59.45% over the week and 389.08% over the past month. Its price is 254.88% year-to-date and -44.83% over the past year.

To reach the target analysts have set, the stock logically needs to grow 51.5 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 14.78. The beta has a value of 0.29. Price to book ratio is 0.69 and price to sales ratio is 2.42.