BCAC stock: buy or sell?

BCAC stock price: $2.45 -45.19% At close on May 17th, 2019

Updated on:
May 17th, 2019

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Shares of Bison Capital Acquisition collapsed a scary -45.19% and closed at $2.45.

Bison Capital Acquisition Corp. does not have significant operations. It intends to acquire businesses or entities through share exchange, share reconstruction, amalgamation, assets purchase, and any other similar business combination.

Should I buy BCAC stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Bison Capital Acquisition stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Bison Capital Acquisition stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for BCAC stock for the last month.

BCAC stock analysis

Daily outlook

Shares of Bison Capital Acquisition closed on Friday at $2.45 and collapsed a scary -45.19%.

Bison Capital Acquisition shares collapsed -45.19% to $2.45 on Friday. On April, BCAC hit a new all time high, pushing higher than on February tops. Check different trading setups that use ATHs as triggers.

BCAC stock chart (daily)

Weekly outlook

Bison Capital Acquisition shares collapsed -76.46% last week, ending at $2.45.

Bison Capital Acquisition finally dropped under the support line and now is sliding further into lower prices looking for new supports. Not so far away is the last price record Bison Capital Acquisition marked early April, but since then it dropped a 77.73%. Last week, Bison Capital Acquisition stock lost the significant level of the 40-weeks moving average. Stocks below the 40w moving average line are usually not recommended for average traders.

BCAC stock chart (weekly)

BCAC stock price history

BCAC IPO was on July 5th, 2017 at $10.00 per share1. Since then, BCAC stock sliced a -75.50%, with a yearly average of -75.50%.

1: Adjusted price after possible price splits or reverse-splits.

BCAC stock historical price chart

BCAC stock reached all-time highs on April with a price of $11.00.

BCAC stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price prediction for Bison Capital Acquisition stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on March, Bison Capital Acquisition plummed a bloodcurdling -76.76%. Unfortunately, reported EPS is not yet available in our database.
BCAC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-02-20n/a-0.02n/a
2018-Q12018-05-14n/a-0.05n/a
2018-Q22018-08-07n/a-0.07n/a
2018-Q32019-01-01n/an/an/a
2018-Q42019-03-26n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to , last anual turnover report draw of to M USD. When comparing vs , , profit margin (that is, the net income divided by revenues) a to .

BCAC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY

Quarterly financial results

Reported quarter income marked $0.04 M with a profit margin of . Profit margin stayed stable a 0.00% compared to previous quarter when profit margin was inf%. When comparing sales to same quarter last year, Bison Capital Acquisition sales marked a neutral movement and stayed stable a nan%. Looking back to recent quarterly results, Bison Capital Acquisition posted 7 negative quarters in a row.
BCAC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2

Bison Capital Acquisition ownership

When you are planning to invest in shares of a company, it's worth to overview its ownership structure.

Bison Capital Acquisition shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 23.95% of all shares.

In case of Bison Capital Acquisition stock, 58.78% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for BCAC stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Bison Capital Acquisition:

BCAC
Market cap$6.1 M
Total shares2.5 M
Float shares0.5 M
  - Institutional holdings (%)58.8%
  - Insider holdings (%)23.9%
Shares in short selling0.0%

BCAC summary

Friday, May 17th, 2019
Open$3.01
Close$2.45
Day range$2.29 - $3.01
Previous close$4.47
Session gain-45.19%
Average true range$0.69
50d mov avg$10.16
100d mov avg$10.12
200d mov avg$0.00
Daily patternlt02c
Weekly pattern lt01c

Bison Capital Acquisition performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Bison Capital Acquisition, the comparison is made against .
Stock3m6m12m
BCACBison Capital Acq...-76.51%-76.14%-75.35%

Bison Capital Acquisition competitors

Unfortunately, we could not find any public company that could be defined as Bison Capital Acquisition competitor. This doesn't mean Bison Capital Acquisition does not have any competitor in the market, it's just we could not detected it.