BeyondSpring (NASDAQ:BYSI) Announces Quarterly Earnings Results, Beats Estimates By $0.49 EPS

BeyondSpring (NASDAQ:BYSIGet Free Report) posted its earnings results on Wednesday. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.54) by $0.49, FiscalAI reports.

BeyondSpring Trading Up 9.4%

Shares of NASDAQ:BYSI traded up $0.13 during trading on Wednesday, hitting $1.52. 32,868 shares of the stock were exchanged, compared to its average volume of 23,423. The company has a fifty day moving average price of $1.62 and a two-hundred day moving average price of $1.71. The company has a market cap of $62.50 million, a PE ratio of -10.13 and a beta of 0.41. BeyondSpring has a 12-month low of $1.21 and a 12-month high of $3.44.

Hedge Funds Weigh In On BeyondSpring

A hedge fund recently bought a new stake in BeyondSpring stock. State Street Corp purchased a new position in BeyondSpring Inc. (NASDAQ:BYSIFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 231,120 shares of the company’s stock, valued at approximately $377,000. State Street Corp owned about 0.57% of BeyondSpring as of its most recent SEC filing. 40.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of BeyondSpring in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, BeyondSpring presently has an average rating of “Sell”.

View Our Latest Stock Report on BYSI

About BeyondSpring

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BeyondSpring Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing novel small-molecule therapies for oncology. Headquartered in Suzhou, China, with corporate operations in New York, the company leverages a versatile drug discovery platform to advance targeted treatments designed to improve outcomes for patients with cancer. BeyondSpring’s pipeline emphasizes agents that modulate the tumor microenvironment and enhance immune response, with an aim to address key unmet needs in supportive care and tumor control.

The company’s lead candidate, plinabulin, is a small-molecule vascular disrupting agent that also exhibits immunomodulatory activity.

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Earnings History for BeyondSpring (NASDAQ:BYSI)

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