Financial Lp Hrt Sells 1,523,686 Shares of YY Group (NASDAQ:YYGH) Stock

YY Group Holding Limited (NASDAQ:YYGH) major shareholder Financial Lp Hrt sold 1,523,686 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $0.12, for a total value of $182,842.32. Following the completion of the sale, the insider directly owned 314,389 shares in the company, valued at approximately $37,726.68. The trade was a 82.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

YY Group Trading Down 8.6%

Shares of NASDAQ YYGH opened at $0.13 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.90 and a quick ratio of 0.90. YY Group Holding Limited has a 52-week low of $0.11 and a 52-week high of $172.50. The business’s 50 day moving average is $0.82 and its two-hundred day moving average is $5.96.

Analyst Upgrades and Downgrades

Several equities analysts have commented on YYGH shares. Wall Street Zen upgraded shares of YY Group to a “sell” rating in a research note on Saturday, April 18th. Weiss Ratings downgraded shares of YY Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On YY Group

A hedge fund recently bought a new stake in YY Group stock. Jane Street Group LLC bought a new position in shares of YY Group Holding Limited (NASDAQ:YYGH) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,089 shares of the company’s stock, valued at approximately $27,000.

YY Group Company Profile

YY Group Holding Limited, a data and technology driven company, provides manpower outsourcing and cleaning services in Singapore and Malaysia. Its cleaning services include commercial cleaning for offices and schools; hospitality cleaning for hotels and shopping centers; industrial cleaning, facade cleaning, disinfection, and stewarding services for meetings, incentives, conferences, and exhibitions, as well as banquets; and pest control services. The company also offers cleaning robots and machines to enhance cleaning performance by deploying them at designated premises.