111, Inc. Sponsored ADR (NASDAQ:YI – Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 4,313 shares, a decline of 38.5% from the September 30th total of 7,014 shares. Based on an average daily trading volume, of 12,201 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold.
111 Stock Down 2.5%
NASDAQ YI opened at $2.90 on Friday. 111 has a twelve month low of $2.48 and a twelve month high of $11.17. The firm has a market capitalization of $25.53 million, a PE ratio of -1.82 and a beta of 0.67. The stock’s 50 day moving average is $3.33 and its 200 day moving average is $5.05.
111 (NASDAQ:YI – Get Free Report) last issued its quarterly earnings results on Friday, September 18th. The company reported ($0.60) earnings per share for the quarter. The company had revenue of $338.55 million during the quarter.
Analyst Ratings Changes
Separately, Weiss Ratings downgraded shares of 111 from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, October 13th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has an average rating of “Sell”.
View Our Latest Stock Analysis on YI
111 Company Profile
111, Inc is a China-based healthcare technology company that operates an online platform connecting consumers, pharmaceutical manufacturers, distributors and healthcare providers. The company focuses on improving access to medicines and health-related products through digital retail and supply-chain services.
Its business includes online sales of prescription and over-the-counter medicines, nutritional products, medical devices and other healthcare products. Through its technology platform, 111 also provides services intended to support pharmaceutical companies and pharmacies with product distribution, marketing, data and fulfillment.
Founded in 2010 and headquartered in Shanghai, 111 serves customers and healthcare businesses in China.
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