BeyondSpring Inc. (BYSI) Stock: Here’s What’s Happening

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BeyondSpring Inc. (BYSI) is working its way for to the top in the market in today’s trading session. The stock, one that is focused in the biotech sector, is currently priced at $17.86 after gaining 5.68% so far today. As it relates to biotech stocks, there are quite a few aspects that have the potential to lead to movement in the market. One of the most common is news. Here are the recent stories associated with BYSI:

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Jun-04-19 08:00AM BeyondSpring to Present at the Jefferies 2019 Healthcare Conference
May-20-19 08:03AM BeyondSpring Abstract Demonstrating Bone Pain Benefit with Lead Asset, Plinabulin, versus Neulasta for Neutropenia Prevention Presented at ISPOR 2019
May-16-19 08:01AM BeyondSprings Rationale for the Plinabulin-Neulasta Combination for Neutropenia Prevention Accepted as Abstracts at 2019 ASCO Annual Meeting
Apr-30-19 04:15PM BeyondSpring Files 2018 Annual Report on Form 20-F
11:23AM BeyondSpring Inc. (BYSI) Q4 2018 Earnings Call Transcript

Nonetheless, when making a decision with regard to investing, investors should focus on much more than news, especially in the highly speculative biotechnology industry. Here’s what’s happening in regard to BeyondSpring Inc..

How BYSI Has Been Trending

Although a move toward the top in a single session, like the gain that we’re seeing from BeyondSpring Inc. may lead to excitement in some investors, that by itself should not be the basis of a decision to, or not to, invest in a stock. It is generally a good idea to look into trends for a period longer than a single trading session. In the case of BYSI, below are the trends that investors have seen:

  • Past 5 Trading Sessions – Over the past 5 trading sessions, BYSI has seen a change in value in the amount of 4.32%.
  • Monthly – The monthly performance from BeyondSpring Inc. comes to 15.04%.
  • Past 3 Months – Throughout the past quarter, the stock has produced a return that comes to -6.42%
  • Bi-Annually – In the previous six months, we have seen a change that amounts to -30.31% from the stock.
  • YTD – Since the the last trading session of last year BYSI has resulted in a ROI of -9.87%.
  • Full Year – Lastly, over the last year, we have seen a change of -36.67% from BYSI. In this period of time, the stock has sold at a high of -35.76% and a low price of 36.75%.

Ratios Worth Watching

Digging into various key ratios associated with a company can give traders an understanding of how dangerous and/or potentially profitable a an investment option might be. Here are some of the key ratios to consider when looking at BYSI.

Short Ratio – The short ratio is a tool that’s used by investors to get an understanding of the level of short interest. As the ratio climbs, it shows that more investors have a belief that the stock is going to fall. Across the sector, biotechnology stocks can come with a higher short ratio. On the other hand, we tend to see a lot of short squeezes in the industry. Nonetheless, in relation to BeyondSpring Inc., the stock’s short ratio comes to 11.36.

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Essentially, they measure whether or not a company can pay its debts when they mature based on current assets or quick assets. Because many biotech companies are reliant on continued investor support, the quick and current ratios can be damning. Nonetheless, quite a few good picks in the biotechnology sector do have good current and quick ratios. In terms of BYSI, the quick and current ratios come to 0.40 and 0.40 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the current book value of assets that are owned by the company. In this case, that ratio works out to -0.34.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of shares. Several clinical stage biotech companies struggle to keep cash on hand. So, when investing in the biotech industry, this is a very important ratio to look into. In the case of BYSI, the cash to share value ratio is 0.18.

Analyst Opinions With Regard To BeyondSpring Inc.

While it’s not a smart idea to blindly follow the opinions of analysts, it is a smart idea to use their opinions to validate your own before making investment decisions in the biotechnology industry. Below are the most recent moves that we have seen from analysts as it relates to BYSI.

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Apr-30-19 Downgrade Maxim Group Buy → Hold
Oct-25-18 Reiterated Maxim Group Buy $48 → $35

Is Big Money Interested in BeyondSpring Inc.?

One thing I’ve learned so far in my brief time alive, or somewhat alive has been that smart investors tend to follow big money. So, investors that are trying to keep their investments relatively safe will follow investments made by institutional investors and those on the inside. With that said, is big money flowing in regard to BYSI? Here’s what’s going on:

  • Institutional Investors – At the moment, institutions own 1.50% of BYSI. Nonetheless, it’s important to mention that the ownership held by institutions has moved in the amount of -1.49% throughout the last quarter.
  • Investors On The Inside – As far as insiders go, those close to the situation currently own 77.22% of the company. Their ownership of the company has changed in the amount of 0 in the last quarter.

What You Need To Know About Share Counts

Investors and traders tend to have an interest in the amounts of shares both available and outstanding. When it comes to BeyondSpring Inc., there are currently 21.98M and there is a float of 4.39M. This means that of the total of 21.98M shares of BYSI currently in existence today, 4.39M are available to trade hands on the public market.

I also like to take a look at the short percentage of the float. After all, when a high percentage of the float available for trading is sold short, the overall feeling among investors is that the company is headed for a steep decline. In regard to BYSI, the percentage of the float that is shorted is 4.82%. Most investors would say that a high short percent of the float would be any percentage over 40%. Nonetheless, I’ve found that a short ratio over 26% is probably going to be a risky play.

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $1.66. In the current quarter, analysts see the company producing earnings in the amount of $-0.64. Over the last 5 years, BYSI has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of -256.00% and revenue has seen movement of 0.

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