Biostar stock: buy or sell?
May 14th, 2020
Biostar Pharmaceuticals, Inc. develops, manufactures, and markets over-the-counter (OTC) and prescription pharmaceutical products for various diseases and conditions in the People's Republic of China.
Should I buy Biostar stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Biostar stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Biostar stock a buy?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't find any rating for BSPM stock for the last month.
Biostar stock analysis
Shares of Biostar Pharmaceuticals closed today at $0.07 and remained constant a tight 0.00%.
Shares of Biostar Pharmaceuticals ended today at $0.07 and remained constant a tight 0.00%. BSPM is soaring again after a 64.71% correction from its last top on March at $0.17.
Biostar shares stayed stable 0.00% this week, ending at $0.07. Early April BSPM collapsed a spooky -85.71% in just one week. Late March BSPM rocketed a dazzling 23.08% in just one week. With this, it's been 4 green weeks in a row, gaining $0.00 or 0.00%.
Weekly chart tells us that price is in a simple uptrend, tested $0.06 level and now climbing back aiming its last top at $0.17.
Biostar stock price history
Biostar IPO was on December 29th, 2009 at $81.90 per share1. Since then, BSPM stock lost a -99.90%, with a yearly average of -10.00%.
1: Adjusted price after possible price splits or reverse-splits.
Biostar stock historical price chart
BSPM stock reached 52-week highs at $3.47, and all-time highs 2010-04-23 with a price of 115.71.
Biostar stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' BSPM stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price target for Biostar Pharmaceuticals stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report , Biostar . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2016, Biostar Pharmaceuticals annual turnover plunged a chilling -91.21% to $2.38 million USD from $27.13 marked in 2015. In the same way, its income margin (compared to sales) collapsed to -238.98%, that is $-5.70 million.
|2012||$49 M||-||$-20.00 M-40.6%||-|
|2013||$53 M||6.91%||$0.81 M1.5%||-104.05%|
|2014||$61 M||16.48%||$4.85 M7.9%||499.25%|
|2015||$27 M||-55.83%||$-25.11 M-92.6%||-617.98%|
|2016||$2.38 M||-91.21%||$-5.70 M-239.0%||-77.31%|
Quarterly financial resultsReported quarter earnings marked M with a profit margin of . Profit margin remained steady a 0.00% compared to previous quarter when profit margin was nan%. When comparing revenues to same quarter last year, Biostar Pharmaceuticals sales marked a neutral movement and remained steady a nan%. Looking back to recent quarterly results, Biostar posted 6 positive quarters in a row.
|2016-Q3||$0.64 M||-||$-1.56 M-241.9%||-|
|2016-Q4||$0.32 M||-50.72%||$3.39 M1066.1%||-317.18%|
Biostar ownershipWhen you are planning to invest in shares of a company, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Biostar Pharmaceuticals, 0.00% of all outstanding shares are owned by its staff.
In case of Biostar stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for BSPM stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Biostar Pharmaceuticals:
|Market cap||$0.2 M|
|Total shares||2.6 M|
|Float shares||2.2 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Thursday, May 14th, 2020|
|Day range||$0.07 - $0.07|
|Average true range||$0.04|
|50d mov avg||$0.11|
|100d mov avg||$0.15|
|200d mov avg||$0.64|
Biostar performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected as the bechmarking frame for Biostar Pharmaceuticals stock.