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

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

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

Baiya International Group Trading Down 28.0%

Shares of NASDAQ BIYA opened at $1.93 on Friday. Baiya International Group has a 52 week low of $1.91 and a 52 week high of $207.25. The firm has a 50-day moving average price of $6.41 and a 200 day moving average price of $17.16.

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