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 chilling -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?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Bison Capital Acquisition stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean BCAC will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Bison Capital Acquisition stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't find any rating for BCAC stock for the last 30 days.

BCAC stock analysis

Daily outlook

Bison Capital Acquisition ended on May at $2.45 and collapsed a chilling -45.19%.

Bison Capital Acquisition shares collapsed -45.19% to $2.45 on May. 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

Shares of Bison Capital Acquisition collapsed a hair-raising -76.46% this week.

Bison Capital Acquisition finally fell under the support and now is sliding further into lower prices looking for new supports. Not so far away is the last all-time high Bison Capital Acquisition marked early April, but since then it dropped a 77.73%. By mid May, Bison Capital Acquisition stock crossed down the significant level of the 40-weeks moving average. Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

BCAC stock chart (weekly)

BCAC stock price history

BCAC stock went public on July 5th, 2017 with a price of $10.001. Since then, BCAC stock declined a -75.50%, with a yearly average of -37.80%.

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

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' BCAC stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price target for Bison Capital Acquisition stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since March, when Bison Capital Acquisition published its last earnings report, it plunged 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

In , Bison Capital Acquisition annual revenues to million dollars from marked in . 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 constant a 0.00% compared to previous quarter when profit margin was inf%. When comparing revenues to same quarter last year, Bison Capital Acquisition sales marked a neutral movement and remained 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 buy a stock, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Bison Capital Acquisition, of all outstanding shares are owned by its staff.

For a better context understanding, the next table shows ownership data compared to other related companies:

BCAC
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
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

To measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare Bison Capital Acquisition performance to :
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.