BeyondSpring (NASDAQ:BYSI - Get Free Report) released its quarterly earnings data on Wednesday. The company reported ($0.04) earnings per share for the quarter, Zacks reports.
BeyondSpring Trading Down 5.4%
BYSI stock traded down $0.10 during midday trading on Tuesday, reaching $1.75. 51,279 shares of the company's stock traded hands, compared to its average volume of 29,263. BeyondSpring has a fifty-two week low of $0.98 and a fifty-two week high of $3.44. The business has a 50-day moving average price of $2.29 and a two-hundred day moving average price of $1.86.
Hedge Funds Weigh In On BeyondSpring
An institutional investor recently raised its position in BeyondSpring stock. Geode Capital Management LLC boosted its stake in BeyondSpring Inc. (NASDAQ:BYSI - Free Report) by 951.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 256,212 shares of the company's stock after purchasing an additional 231,844 shares during the period. Geode Capital Management LLC owned approximately 0.64% of BeyondSpring worth $603,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 40.29% of the company's stock.
BeyondSpring Company Profile
(
Get Free Report)
BeyondSpring Inc, a clinical stage biopharmaceutical company, together with its subsidiaries, focuses on the development of cancer therapies. The company's lead asset is the Plinabulin, a selective immunomodulating microtubule-binding agent that has completed Phase III clinical trials for treatment of non-small cell lung cancer (NSCLC); and as an anti-cancer agent, as well as for the prevention of chemotherapy-induced neutropenia.
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