BAIYU Holdings, Inc. (NASDAQ:BYU – Get Free Report)’s stock price dropped 9.3% on Tuesday . The stock traded as low as $0.16 and last traded at $0.19. Approximately 1,123,527 shares traded hands during trading, an increase of 82% from the average daily volume of 619,008 shares. The stock had previously closed at $0.21.
BAIYU Price Performance
The firm has a fifty day moving average of $0.75 and a two-hundred day moving average of $1.26. The stock has a market capitalization of $9.65 million, a P/E ratio of 0.18 and a beta of 0.59.
BAIYU (NASDAQ:BYU – Get Free Report) last posted its earnings results on Monday, August 12th. The company reported $0.08 earnings per share (EPS) for the quarter. BAIYU had a return on equity of 2.05% and a net margin of 6.53%. The company had revenue of $26.46 million for the quarter.
BAIYU Company Profile
BAIYU Holdings, Inc engages in commodities trading and supply chain service businesses in the People’s Republic of China. The company’s commodity trading business engages in purchasing non-ferrous metal products, such as aluminum ingots, copper, silver, and gold from upstream metal and mineral suppliers and then selling to downstream customers.
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