Yunji (NASDAQ:YJ) Shares Down 7.7% – Here’s Why

Yunji Inc. Sponsored ADR (NASDAQ:YJ)’s stock price traded down 7.7% on Tuesday . The stock traded as low as $1.38 and last traded at $1.49. 37,272 shares were traded during mid-day trading, an increase of 60% from the average session volume of 23,256 shares. The stock had previously closed at $1.6150.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Yunji from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Yunji Stock Down 7.7%

The firm has a market cap of $7.35 million, a PE ratio of -0.44 and a beta of 0.16. The company’s fifty day moving average price is $1.68 and its two-hundred day moving average price is $1.56.

Yunji (NASDAQ:YJ) last issued its earnings results on Friday, March 27th. The company reported ($0.57) earnings per share for the quarter, beating the consensus estimate of ($2.13) by $1.56. The firm had revenue of $11.34 million during the quarter, compared to analysts’ expectations 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.