111 (NASDAQ:YI) Stock Price Down 2.2% – Time to Sell?

111, Inc. Sponsored ADR (NASDAQ:YI) shares dropped 2.2% during mid-day trading on Wednesday . The stock traded as low as $3.01 and last traded at $3.13. Approximately 1,657 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 8,994 shares. The stock had previously closed at $3.20.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of 111 from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, August 31st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

111 Stock Up 3.2%

The stock has a market cap of $31.27 million, a P/E ratio of -2.54 and a beta of 0.64. The firm’s 50 day simple moving average is $3.69 and its two-hundred day simple moving average is $5.19.

111 Company Profile

111, Inc (NASDAQ: YI) is a leading online pharmacy e-commerce platform in China, operating under the brand 111.com. The company provides consumers with a comprehensive selection of pharmaceutical and healthcare products through its proprietary digital channels, including a website and mobile applications. By integrating online ordering, prescription management, and direct-to-consumer delivery, 111, Inc aims to streamline the purchase of medicines and health-related goods for customers nationwide.

111, Inc’s product portfolio encompasses prescription and over-the-counter drugs, nutritional supplements, vitamins, maternal and child care items, personal care products, and beauty goods.