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

Wall Street Zen downgraded shares of Baiya International Group (NASDAQ:BIYA) from a sell rating to a strong sell rating in a research note published on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Baiya International Group in a report on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Baiya International Group Stock Performance

Shares of BIYA stock opened at $2.13 on Friday. Baiya International Group has a 52 week low of $1.91 and a 52 week high of $167.97. The stock’s fifty day moving average is $2.81 and its 200-day moving average is $7.88.

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.