BeyondSpring Inc. (NASDAQ:BYSI) has a beta value of 0.87 and has seen 1.11 million shares traded in the last trading session. The company, currently valued at $1.10B, closed the last trade at $26.84 per share which meant it lost -$1.21 on the day or -4.31% during that session. The BYSI stock price is -22.95% off its 52-week high price of $33.00 and 66.84% above the 52-week low of $8.90. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.79 million shares traded. The 3-month trading volume is 2.99 million shares.
The consensus among analysts is that BeyondSpring Inc. (BYSI) is a Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 6 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.48.
BeyondSpring Inc. (NASDAQ:BYSI) trade information
Sporting -4.31% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the BYSI stock price touched $26.84 or saw a rise of 18.67%. Year-to-date, BeyondSpring Inc. shares have moved 120.00%, while the 5-day performance has seen it change -6.81%. Over the past 30 days, the shares of BeyondSpring Inc. (NASDAQ:BYSI) have changed 23.69%. Short interest in the company has seen 1.8 million shares shorted with days to cover at 0.27.
BeyondSpring Inc. (BYSI) estimates and forecasts
Figures show that BeyondSpring Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 126.88% over the past 6 months, with this year growth rate of -7.39%, compared to 7.50% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are -4.30% and -18.70% for the next quarter. Revenue growth from the last financial year stood is estimated to be 177.80%.
4 analysts offering their estimates for the company have set an average revenue estimate of $3.46 million for the current quarter. 4 have an estimated revenue figure of $3.75 million for the next quarter concluding in Sep 2021.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -31.10% over the past 5 years.
BeyondSpring Inc. is expected to release its next earnings report between November 15 and November 19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
BeyondSpring Inc. (NASDAQ:BYSI)’s Major holders
Insiders own 71.61% of the company shares, while shares held by institutions stand at 20.50% with a share float percentage of 72.19%. Investors are also buoyed by the number of investors in a company, with BeyondSpring Inc. having a total of 98 institutions that hold shares in the company. The top two institutional holders are AllianceBernstein, L.P. with over 3.01 million shares worth more than $31.41 million. As of Jun 29, 2021, AllianceBernstein, L.P. held 7.69% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 1.42 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $14.81 million and represent 3.63% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Russell 2000 ETF and Principal Small Cap Growth Fd I. As of Jun 29, 2021, the former fund manager holds about 1.31% shares in the company for having 0.51 million shares of worth $5.36 million while later fund manager owns 0.38 million shares of worth $4.06 million as of Apr 29, 2021, which makes it owner of about 0.96% of company’s outstanding stock.