Yunji (NASDAQ:YJ) Trading 5.3% Higher – Here’s Why

Yunji Inc. Sponsored ADR (NASDAQ:YJ) shares shot up 5.3% during trading on Tuesday . The stock traded as high as $1.59 and last traded at $1.60. 1,012 shares were traded during mid-day trading, a decline of 57% from the average session volume of 2,366 shares. The stock had previously closed at $1.52.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Yunji in a research note on Monday, December 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Yunji Stock Up 5.3%

The company has a market capitalization of $7.89 million, a PE ratio of -0.47 and a beta of -0.11. The firm has a 50-day moving average of $1.78 and a two-hundred day moving average of $1.80.

Yunji Company Profile

Yunji Inc, together with its subsidiaries, 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, cloths, food and fresh produce, computer and electronics, apparel, bags and cases, baby and maternity products, and home appliances.