111 (NASDAQ:YI) Shares Up 3.2% – Here’s Why

111, Inc. Sponsored ADR (NASDAQ:YI)’s stock price was up 3.2% during mid-day trading on Monday . The stock traded as high as $7.25 and last traded at $6.79. Approximately 10,261 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 10,742 shares. The stock had previously closed at $6.58.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of 111 in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

111 Price Performance

The firm has a market cap of $58.84 million, a price-to-earnings ratio of -6.81 and a beta of 0.69. The stock has a 50-day moving average of $7.16 and a 200-day moving average of $5.23.

About 111

111, Inc (NASDAQ: YI) is a leading online pharmacy e-commerce platform in China, operating under the brand 111.com. The company provides consumers with a comprehensive selection of pharmaceutical and healthcare products through its proprietary digital channels, including a website and mobile applications. By integrating online ordering, prescription management, and direct-to-consumer delivery, 111, Inc aims to streamline the purchase of medicines and health-related goods for customers nationwide.

111, Inc’s product portfolio encompasses prescription and over-the-counter drugs, nutritional supplements, vitamins, maternal and child care items, personal care products, and beauty goods.