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BeyondSpring (NASDAQ:BYSI) Shares Up 4.5% - Here's Why

BeyondSpring logo with Medical background

BeyondSpring Inc. (NASDAQ:BYSI - Get Free Report)'s stock price was up 4.5% during mid-day trading on Tuesday . The stock traded as high as $1.90 and last traded at $1.85. Approximately 13,494 shares traded hands during trading, a decline of 85% from the average daily volume of 87,537 shares. The stock had previously closed at $1.77.

BeyondSpring Trading Up 2.2 %

The company has a fifty day moving average of $2.13 and a 200-day moving average of $2.23.

Institutional Investors Weigh In On BeyondSpring

An institutional investor recently bought a new position in BeyondSpring stock. SG Americas Securities LLC bought a new stake in shares of BeyondSpring Inc. (NASDAQ:BYSI - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 17,539 shares of the company's stock, valued at approximately $63,000. 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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