BeyondSpring Inc. (NASDAQ:BYSI) traded at a new 52-week high today of $48.03. Approximately 43.5 million shares have changed hands today, as compared to an average 30-day volume of 376,000 shares.
BeyondSpring Inc is engaged in clinical stage biopharmaceutical activities focused on the development of cancer therapies. It is also focused on including immuno-oncology agents. The Company has created Plinabulin which is marine derived small-molecule with a number of distinct biological activities that may provide multiple therapeutic opportunities. Plinabulin has increased the survival of neutrophils, a type of white blood cell important in the prevention of bacterial infections. The Company has a scalable business model integrating clinical resources in the United States and China.
In the past 52 weeks, BeyondSpring Inc. share prices are bracketed by a low of $1.64 and a high of $48.03 and is now at $2.39, 46% above that low price.
Potential upside of 11.0% exists for BeyondSpring Inc., based on a current level of $2.39 and analysts' average consensus price target of $2.65.
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