Yimutian Inc. – Sponsored ADR (NASDAQ:YMT – Get Free Report) shares were down 9.4% on Wednesday. The company traded as low as $1.64 and last traded at $1.84. Approximately 378,314 shares changed hands during trading, an increase of 17% from the average session volume of 324,352 shares. The stock had previously closed at $2.03.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Yimutian in a report on Wednesday, July 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.
Check Out Our Latest Report on Yimutian
Yimutian Stock Up 1.7%
About Yimutian
Yimutian Inc operates an agricultural products and services platform in China. Its business is centered on connecting participants across the agricultural supply chain, including farmers, suppliers, distributors and buyers.
The company’s platform supports the buying and selling of agricultural products and agricultural inputs. It also provides information and transaction-related services intended to help users source products, reach customers and manage agricultural commerce more efficiently.
Yimutian primarily serves the Chinese agricultural market through its online platform and related services.
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