BeyondSpring (NASDAQ:BYSI) Stock Passes Below 50 Day Moving Average – Here’s Why

BeyondSpring Inc. (NASDAQ:BYSIGet Free Report) shares 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 changing hands.

BeyondSpring Trading Down 10.7 %

The stock has a fifty day moving average of $1.67 and a 200 day moving average of $1.84.

About BeyondSpring

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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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