YSX Tech (NASDAQ:YSXT) Posts Earnings Results

YSX Tech (NASDAQ:YSXT) posted its quarterly earnings results on Friday. The company reported $0.06 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $20.50 million during the quarter.

YSX Tech Stock Down 7.8%

NASDAQ YSXT opened at $1.06 on Friday. YSX Tech has a one year low of $1.06 and a one year high of $9.96. The company has a 50-day simple moving average of $1.51 and a 200-day simple moving average of $2.33.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Wall Street Zen raised shares of YSX Tech to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of YSX Tech in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Hedge Funds Weigh In On YSX Tech

An institutional investor recently bought a new position in YSX Tech stock. Geode Capital Management LLC purchased a new position in shares of YSX Tech Co., Ltd (NASDAQ:YSXT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 16,342 shares of the company’s stock, valued at approximately $89,000. Geode Capital Management LLC owned 0.07% of YSX Tech at the end of the most recent quarter.

YSX Tech Company Profile

YSX Tech. Co Ltd. engages in providing comprehensive business solutions to enterprise customers, mainly insurance companies and brokerages in China. Its service includes electronic engineering, PCB fabrication, SMT and PCB assembly, components sourcing, prototyping, box build, turn-key solution and other value-added services for a broad range of companies with regard to telecommunication, consumptive electronics, industrial test and control, medical equipment, power supply, security, vehicle and more.