Baiya International Group (NASDAQ:BIYA) Downgraded by Wall Street Zen to Strong Sell

Baiya International Group (NASDAQ:BIYA) was downgraded by 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 report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Baiya International Group Stock Down 28.0%

Baiya International Group stock opened at $1.93 on Friday. Baiya International Group has a 12 month low of $1.91 and a 12 month high of $207.25. The company has a fifty day moving average price of $6.41 and a two-hundred day moving average price of $17.16.

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

About Baiya International Group

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.