YY Group (NASDAQ:YYGH) Major Shareholder Financial Lp Hrt Sells 1,523,686 Shares of Stock

YY Group Holding Limited (NASDAQ:YYGH) major shareholder Financial Lp Hrt sold 1,523,686 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $0.12, for a total transaction of $182,842.32. Following the transaction, the insider directly owned 314,389 shares in the company, valued at approximately $37,726.68. The trade was a 82.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

YY Group Stock Up 11.7%

Shares of YY Group stock opened at $0.14 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.90 and a quick ratio of 0.90. The company’s fifty day simple moving average is $0.84 and its two-hundred day simple moving average is $6.05. YY Group Holding Limited has a 12-month low of $0.11 and a 12-month high of $172.50.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on YYGH shares. Wall Street Zen raised shares of YY Group to a “sell” rating in a research report on Saturday, April 18th. Weiss Ratings downgraded shares of YY Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On YY Group

An institutional investor recently bought a new position in YY Group stock. Jane Street Group LLC purchased a new position in YY Group Holding Limited (NASDAQ:YYGH) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,089 shares of the company’s stock, valued at approximately $27,000.

YY Group Company Profile

YY Group Holding Limited, a data and technology driven company, provides manpower outsourcing and cleaning services in Singapore and Malaysia. Its cleaning services include commercial cleaning for offices and schools; hospitality cleaning for hotels and shopping centers; industrial cleaning, facade cleaning, disinfection, and stewarding services for meetings, incentives, conferences, and exhibitions, as well as banquets; and pest control services. The company also offers cleaning robots and machines to enhance cleaning performance by deploying them at designated premises.