Baiya International Group (NASDAQ:BIYA) Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Baiya International Group (NASDAQ:BIYA) from a sell rating to a strong sell rating in a research report report published on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Baiya International Group in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Baiya International Group Stock Performance

Shares of Baiya International Group stock opened at $2.13 on Friday. The company’s fifty day simple moving average is $2.77 and its 200-day simple moving average is $7.74. Baiya International Group has a 1-year low of $1.91 and a 1-year high of $167.97.

About Baiya International Group

We, Baiya International Group Inc (“Baiya”), are an offshore holding company incorporated in the Cayman Islands. We are not a Chinese operating company, but an offshore holding company incorporated in the Cayman Islands. As a holding company, we have no material operations and conduct all of our operations in China through the VIE, Shenzhen Gongwuyuan Network Technology Co, Ltd. (“Gongwuyuan”), and its subsidiaries, collectively, “PRC operating entities”. We entered into a series of Contractual Arrangements with the VIE and certain shareholders of Gongwuyuan, and this structure involves unique risks to investors.