111 (NASDAQ:YI) Releases Quarterly Earnings Results

111 (NASDAQ:YIGet Free Report) issued its quarterly earnings data on Friday. The company reported ($0.60) earnings per share for the quarter, Zacks reports. The firm had revenue of $338.55 million for the quarter.

111 Trading Up 4.7%

Shares of 111 stock opened at $3.54 on Friday. The company has a market cap of $31.12 million, a PE ratio of -2.53 and a beta of 0.64. The company has a 50 day moving average of $3.63 and a 200-day moving average of $5.02. 111 has a 1-year low of $2.48 and a 1-year high of $11.17.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on 111

About 111

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111, Inc is a China-based digital healthcare company that operates an online platform connecting consumers, pharmacies, hospitals, pharmaceutical manufacturers and other healthcare participants. The company focuses on improving access to medicines and healthcare products through technology-enabled distribution and retail services.

Its business includes online sales and distribution of prescription and over-the-counter medicines, medical devices, nutritional products and other healthcare merchandise.

Further Reading

Earnings History for 111 (NASDAQ:YI)

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