Baiya International Group (NASDAQ:BIYA) Posts Earnings Results

Baiya International Group (NASDAQ:BIYA) issued its earnings results on Tuesday. The company reported ($0.27) EPS for the quarter, FiscalAI reports. The business had revenue of $0.38 million during the quarter.

Baiya International Group Trading Up 1.0%

Baiya International Group stock traded up $0.02 during mid-day trading on Tuesday, hitting $2.05. 2,599,258 shares of the company traded hands, compared to its average volume of 2,014,719. Baiya International Group has a one year low of $1.91 and a one year high of $167.97. The stock has a fifty day moving average price of $2.63 and a 200-day moving average price of $7.24.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wall Street Zen lowered shares of Baiya International Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, September 19th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Baiya International Group in a research note on Monday, September 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Baiya International Group presently has a consensus rating of “Sell”.

Baiya International Group Company Profile

We, Baiya International Group Inc (“Baiya”), are an offshore holding company incorporated in the Cayman Islands. We are not a Chinese operating company, but an offshore holding company incorporated in the Cayman Islands. As a holding company, we have no material operations and conduct all of our operations in China through the VIE, Shenzhen Gongwuyuan Network Technology Co, Ltd. (“Gongwuyuan”), and its subsidiaries, collectively, “PRC operating entities”. We entered into a series of Contractual Arrangements with the VIE and certain shareholders of Gongwuyuan, and this structure involves unique risks to investors.