YY Group Stock Set to Reverse Split on Monday, March 23rd (NASDAQ:YYGH)

YY Group Holding Limited (NASDAQ:YYGHFree Report) shares are going to reverse split on the morning of Monday, March 23rd. The 1-50 reverse split was announced on Thursday, March 19th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, March 20th.

YY Group Trading Down 32.1%

Shares of NASDAQ YYGH traded down $0.01 during mid-day trading on Thursday, reaching $0.03. The company had a trading volume of 106,612,458 shares, compared to its average volume of 20,103,059. YY Group has a 52 week low of $0.03 and a 52 week high of $3.45. The business’s 50-day moving average is $0.18 and its 200-day moving average is $0.32.

YY Group (NASDAQ:YYGHGet Free Report) last released its quarterly earnings data on Monday, December 29th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $12.88 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of YY Group in a report on Tuesday, January 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, YY Group presently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on YYGH

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YY Group stock. Jane Street Group LLC bought a new stake in YY Group Holding Limited (NASDAQ:YYGHFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,089 shares of the company’s stock, valued at approximately $27,000.

YY Group Company Profile

(Get Free Report)

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.

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