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BeyondSpring (NASDAQ:BYSI) Shares Pass Below 50 Day Moving Average - Time to Sell?

BeyondSpring logo with Medical background

Shares of BeyondSpring Inc. (NASDAQ:BYSI - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.67 and traded as low as $1.34. BeyondSpring shares last traded at $1.34, with a volume of 45,205 shares trading hands.

BeyondSpring Price Performance

The business's 50-day moving average is $1.61 and its two-hundred day moving average is $1.80.

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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