Baiya International Group (NASDAQ:BIYA) Shares Set to Reverse Split on Monday, July 13th

Shares of Baiya International Group Inc. (NASDAQ:BIYA) are scheduled to reverse split on Monday, July 13th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, July 12th.

Baiya International Group Trading Up 24.2%

Shares of BIYA stock opened at $0.51 on Thursday. The firm has a fifty day moving average price of $0.84 and a 200 day moving average price of $2.03. Baiya International Group has a 12 month low of $0.28 and a 12 month high of $24.70.

Baiya International Group (NASDAQ:BIYA) last posted its earnings results on Thursday, April 30th. The company reported $2.29 EPS for the quarter. The business had revenue of $4.61 million during the quarter.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on BIYA shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Baiya International Group in a report on Wednesday, June 24th. Wall Street Zen upgraded Baiya International Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 13th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average 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.