111 Shares to Reverse Split on Friday, January 24th (NASDAQ:YI)

111, Inc. (NASDAQ:YI) shares are scheduled to reverse split on Friday, January 24th. The 1-10 reverse split was announced on Wednesday, January 8th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, January 23rd.

111 Stock Down 5.3 %

111 stock traded down $0.03 during midday trading on Wednesday, reaching $0.54. The company’s stock had a trading volume of 1,744,793 shares, compared to its average volume of 561,499. The company has a market cap of $46.18 million, a P/E ratio of -1.35 and a beta of 0.43. The business has a 50-day simple moving average of $0.72 and a 200-day simple moving average of $0.85. 111 has a fifty-two week low of $0.50 and a fifty-two week high of $1.64.

111 Company Profile

111, Inc engages in the provision of pharmaceutical products and medical services through online retail pharmacy and indirectly through offline pharmacy network. It operates through the B2C and B2B segments. The B2C segment engages in the sale of pharmaceutical and other health and wellness products directly to consumers through 1 Drugstore and its offline pharmacies.