Baiya International Group (NASDAQ:BIYA) Rating Lowered to Strong Sell at Wall Street Zen

Baiya International Group (NASDAQ:BIYA) was downgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Baiya International Group in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Baiya International Group Price Performance

Baiya International Group stock opened at $1.93 on Friday. The business has a fifty day moving average price of $6.41 and a 200-day moving average price of $16.98. Baiya International Group has a 1-year low of $1.91 and a 1-year high of $207.25.

Baiya International Group (NASDAQ:BIYA) last issued its quarterly earnings results on Thursday, April 30th. The company reported $22.93 earnings per share for the quarter. The business had revenue of $4.61 million for the quarter.

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.