Yunji (NASDAQ:YJ) Shares Down 1.2%

Yunji Inc (NASDAQ:YJ) was down 1.2% during mid-day trading on Friday . The stock traded as low as $5.10 and last traded at $5.10, approximately 434 shares changed hands during trading. A decline of 100% from the average daily volume of 183,990 shares. The stock had previously closed at $5.16.

The company has a current ratio of 1.71, a quick ratio of 1.45 and a debt-to-equity ratio of 0.02. The business’s fifty day simple moving average is $5.21 and its 200 day simple moving average is $6.81.

Yunji (NASDAQ:YJ) last announced its earnings results on Monday, December 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.02). The firm had revenue of $387.97 million for the quarter. On average, equities analysts forecast that Yunji Inc will post -0.02 earnings per share for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. Penserra Capital Management LLC bought a new position in Yunji in the third quarter valued at approximately $27,000. Morgan Stanley bought a new stake in shares of Yunji during the 2nd quarter valued at $82,000. Picton Mahoney Asset Management lifted its stake in shares of Yunji by 35.7% in the 3rd quarter. Picton Mahoney Asset Management now owns 47,500 shares of the company’s stock valued at $326,000 after purchasing an additional 12,500 shares during the period. Finally, Millennium Management LLC lifted its stake in shares of Yunji by 629.5% in the 3rd quarter. Millennium Management LLC now owns 214,530 shares of the company’s stock valued at $1,473,000 after purchasing an additional 185,121 shares during the period. 7.48% of the stock is currently owned by institutional investors and hedge funds.

Yunji Company Profile (NASDAQ:YJ)

Yunji Inc operates a social e-commerce platform in the People's Republic of China. It offers a range of product categories that cater various daily needs of users and their households, including beauty and personal care, household goods, food and fresh produce, computer and electronics, apparel, bags and cases, baby and maternity products, and home appliances.

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