YY Group (NASDAQ:YYGH) Shares Up 2% – Should You Buy?

YY Group Holding Limited (NASDAQ:YYGH) rose 2% during trading on Wednesday . The stock traded as high as $0.2022 and last traded at $0.2050. Approximately 1,033,633 shares traded hands during trading, an increase of 137% from the average daily volume of 435,846 shares. The stock had previously closed at $0.2009.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of YY Group in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, YY Group presently has a consensus rating of “Sell”.

YY Group Trading Up 2.0%

The business has a fifty day moving average price of $0.27 and a 200 day moving average price of $1.22.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YY Group stock. Jane Street Group LLC acquired a new stake in YY Group Holding Limited (NASDAQ:YYGH) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 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.