YXT.COM Group (NASDAQ:YXT) Stock Jumps 6.1% – Time to Buy?

YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT)’s stock price shot up 6.1% during trading on Monday. The stock traded as high as $2.45 and last traded at $2.27. 39,304 shares traded hands during trading, an increase of 189% from the average session volume of 13,602 shares. The stock had previously closed at $2.14.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of YXT.COM Group in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

YXT.COM Group Price Performance

The stock has a 50 day simple moving average of $3.43 and a 200 day simple moving average of $39.33.

YXT.COM Group (NASDAQ:YXT) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $11.93 million during the quarter.

YXT.COM Group Company Profile

YXT.COM Group Holding Limited is a China-based provider of digital corporate learning and talent development solutions. The company helps businesses and other organizations support employee training, professional development and organizational capability building through online learning technologies and services.

Its offerings include digital learning content, online training platforms and related learning management tools, as well as customized learning programs and services. The company’s solutions are designed to help organizations deliver training at scale, manage learning activities and improve workforce skills.

YXT.COM Group primarily serves enterprises and institutional customers in China.