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

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

Baiya International Group Stock Down 4.4%

Shares of BIYA stock opened at $1.96 on Thursday. The stock’s 50-day moving average is $2.59 and its 200 day moving average is $7.01. Baiya International Group has a 1-year low of $1.90 and a 1-year high of $167.97.

Analysts Set New Price Targets

BIYA has been the topic of several research reports. Wall Street Zen downgraded 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 equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

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.