Yunji Inc. (NASDAQ:YJ) shares, rose in value on Wednesday, Jan 13, with the stock price up by 10.18% to the previous day’s close as strong demand from buyers drove the stock to $2.49.
Actively observing the price movement in the last trading, the stock closed the session at $2.26, falling within a range of $2.2366 and $2.4900. The value of beta (5-year monthly) was 0 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $6.05, and the low was $1.67. On the whole, YJ has fluctuated by 5.96% over the past month.
We see that YJ’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a Hold.
1 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by none analyst(s), no one recommend it as a Buy and no body called the YJ stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and 1 think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Sell.
A comparison of Yunji Inc. (YJ) with its peers suggests the former has fared considerably weaker in the market. YJ showed an intraday change of +10.18% in last session, and over the past year, it dropped by -55.85%. In comparison, Amazon.com Inc (AMZN) has moved higher at +1.44% on the day and was up +69.35% over the past 12 months. On the other hand, the price of Alibaba Group Holding (BABA) has risen 4.3% on the day. The stock, however, is off 3.89% from where it was a year ago. Additionally, there is a gain of 1018% for Pinduoduo Inc ADR (PDD) in last trading while the stock has seen an overall depriciation of -55.85% over the past year. The PE ratio stands at 0 for Yunji Inc., compared to 92.71 for Amazon.com Inc, and 31.38 for Alibaba Group Holding. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.23%. Meanwhile, the Dow Jones Industrial weakened by -0.03%.
Data on historical trading for Yunji Inc. (NASDAQ:YJ) indicates that the trading volumes over the past 10 days have averaged 1.08 Million and over the past 3 months, they’ve averaged 3.71 Million. According to company’s latest data on outstanding shares, there are 212.32 Million shares outstanding.
Nearly 2.18% of Yunji Inc.’s shares belong to company insiders and institutional investors own 11.19% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 871.64 Million shares as on December 30, 2020, resulting in a short ratio of 0.45. According to the data, the short interest in Yunji Inc. (YJ) stood at 0.41% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 2.84 Million. The stock has risen by +34.59% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the YJ stock heading into the next quarter.
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