BAIYU (NASDAQ:BYU) Stock Price Up 1%

BAIYU Holdings, Inc. (NASDAQ:BYUGet Free Report) shares rose 1% during mid-day trading on Wednesday . The company traded as high as $1.19 and last traded at $1.19. Approximately 9,519 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 61,881 shares. The stock had previously closed at $1.18.

BAIYU Stock Performance

The stock has a 50-day simple moving average of $1.22 and a 200-day simple moving average of $1.40. The company has a market capitalization of $23.13 million, a price-to-earnings ratio of -2.27 and a beta of 0.24.

BAIYU (NASDAQ:BYUGet Free Report) last announced its earnings results on Friday, May 10th. The company reported $0.17 earnings per share (EPS) for the quarter. BAIYU had a return on equity of 0.12% and a net margin of 0.33%. The company had revenue of $28.09 million for the quarter.

BAIYU Company Profile

(Get Free Report)

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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