111 (NASDAQ:YI) Shares Up 0.6% – Still a Buy?

111, Inc. Sponsored ADR (NASDAQ:YI) shares rose 0.6% during mid-day trading on Wednesday. The stock traded as high as $3.22 and last traded at $3.15. 6,438 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 11,531 shares. The stock had previously closed at $3.13.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of 111 from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, October 13th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has an average rating of “Sell”.

111 Stock Performance

The company has a 50-day simple moving average of $3.41 and a 200-day simple moving average of $4.44. The company has a market cap of $27.69 million, a price-to-earnings ratio of -1.97 and a beta of 0.67.

111 (NASDAQ:YI) last issued its earnings results on Friday, September 18th. The company reported ($0.60) earnings per share (EPS) for the quarter. The firm had revenue of $338.55 million during the quarter.

111 Company Profile

111, Inc (NASDAQ: YI) is a China-based technology-enabled healthcare platform that connects consumers, healthcare providers, pharmacies and pharmaceutical companies. The company focuses on improving access to healthcare products and services through digital tools and an integrated online and offline operating model.

Its business activities include online retailing and distribution of prescription and over-the-counter medicines, health products, medical devices and other healthcare-related goods.