Baiya International Group (NASDAQ:BIYA) Releases Quarterly Earnings Results

Baiya International Group (NASDAQ:BIYA) released its earnings results on Wednesday. The company reported ($0.27) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $0.38 million for the quarter.

Baiya International Group Stock Down 17.3%

Shares of Baiya International Group stock opened at $1.62 on Friday. Baiya International Group has a twelve month low of $1.56 and a twelve month high of $167.97. The company has a fifty day moving average price of $2.57 and a 200 day moving average price of $6.92.

Analyst Ratings Changes

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