YY Group (NASDAQ:YYGH) Upgraded at Wall Street Zen

YY Group (NASDAQ:YYGH) was upgraded by equities research analysts at Wall Street Zen to a “sell” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings raised YY Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, YY Group has a consensus rating of “Sell”.

YY Group Stock Performance

NASDAQ YYGH opened at $1.42 on Friday. The business has a 50 day simple moving average of $19.12 and a 200 day simple moving average of $160.22. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.13. YY Group has a one year low of $1.18 and a one year high of $5,175.00.

Insiders Place Their Bets

In other YY Group news, major shareholder Financial Lp Hrt acquired 2,176,347 shares of the stock in a transaction on Thursday, June 18th. The shares were purchased at an average price of $0.08 per share, for a total transaction of $174,107.76. Following the completion of the acquisition, the insider owned 4,953,317 shares in the company, valued at approximately $396,265.36. This represents a 78.37% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have acquired a total of 2,259,450 shares of company stock worth $517,582 in the last 90 days.

Hedge Funds Weigh In On YY Group

A hedge fund recently raised its position in YY Group stock. Virtu Financial LLC increased its holdings in shares of YY Group Holding Limited (NASDAQ:YYGH) by 213.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 152,956 shares of the company’s stock after acquiring an additional 104,141 shares during the quarter. Virtu Financial LLC owned approximately 0.27% of YY Group worth $31,000 as of its most recent SEC filing.

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.