Yintech Investment (YIN) Raised to C at TheStreet
Yintech Investment (NASDAQ:YIN) was upgraded by research analysts at TheStreet from a “d+” rating to a “c” rating in a note issued to investors on Tuesday.
YIN has been the topic of a number of other research reports. Zacks Investment Research cut shares of Yintech Investment from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. BidaskClub upgraded shares of Yintech Investment from a “strong sell” rating to a “sell” rating in a research note on Tuesday, January 30th. Finally, ValuEngine cut shares of Yintech Investment from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 31st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $15.00.
Yintech Investment (NASDAQ YIN) opened at $9.33 on Tuesday. The stock has a market cap of $661.27, a P/E ratio of 9.82, a P/E/G ratio of 0.50 and a beta of -0.07. Yintech Investment has a 1-year low of $8.51 and a 1-year high of $21.79.
A hedge fund recently bought a new stake in Yintech Investment stock. Virtu Financial LLC acquired a new stake in shares of Yintech Investment Holdings Ltd – (NASDAQ:YIN) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 11,032 shares of the financial services provider’s stock, valued at approximately $105,000. Institutional investors and hedge funds own 0.83% of the company’s stock.
About Yintech Investment
Yintech Investment Holdings Limited is an online provider of spot commodity trading services in China. The Company facilitates the trading by individual customers of silver, gold, and other precious metals and commodities on the Shanghai Gold Exchange, the Tianjin Precious Metals Exchange and the Guangdong Precious Metals Exchange.
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