BeyondSpring Inc. (NASDAQ:BYSI - Get Free Report) shot up 6.4% on Tuesday . The stock traded as high as $1.84 and last traded at $1.83. 34,735 shares changed hands during trading, an increase of 35% from the average session volume of 25,806 shares. The stock had previously closed at $1.72.
BeyondSpring Stock Performance
The firm has a 50 day moving average of $2.06 and a two-hundred day moving average of $1.86.
BeyondSpring (NASDAQ:BYSI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 13th. The company reported ($0.04) EPS for the quarter.
Hedge Funds Weigh In On BeyondSpring
An institutional investor recently raised its position in BeyondSpring stock. Geode Capital Management LLC raised its stake in BeyondSpring Inc. (NASDAQ:BYSI - Free Report) by 951.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent SEC filing. Institutional investors 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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