Yunji (NASDAQ:YJ) Trading Down 1.2% – Here’s Why

Yunji Inc. Sponsored ADR (NASDAQ:YJ) was down 1.2% on Tuesday . The stock traded as low as $1.68 and last traded at $1.68. Approximately 614 shares changed hands during trading, a decline of 80% from the average daily volume of 3,095 shares. The stock had previously closed at $1.7001.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of Yunji from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Yunji Stock Performance

The company has a market cap of $8.27 million, a price-to-earnings ratio of -0.50 and a beta of 0.18. The stock’s fifty day moving average is $1.72 and its two-hundred day moving average is $1.57.

Yunji (NASDAQ:YJ) last posted its earnings results on Friday, March 27th. The company reported ($0.57) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.13) by $1.56. The business had revenue of $11.34 million during the quarter, compared to analyst estimates of $108.24 million.

Yunji Company Profile

Yunji Inc is a China-based social commerce company that operates a membership-focused e-commerce platform. The company offers a curated selection of lifestyle products, positioning itself as a bridge between manufacturers and end consumers. By combining technology with a membership community, Yunji aims to deliver a personalized shopping experience that emphasizes quality, affordability and social interaction.

The platform’s product portfolio spans beauty and personal care, health and wellness, household essentials, food and beverage, apparel and accessories.