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

111, Inc. Sponsored ADR (NASDAQ:YI)’s stock price was up 0.6% on Wednesday. The company traded as high as $3.22 and last traded at $3.15. Approximately 6,438 shares were traded during trading, a decline of 44% from the average daily volume of 11,531 shares. The stock had previously closed at $3.13.

Analysts Set New Price Targets

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

111 Stock Up 0.6%

The company has a market capitalization of $27.69 million, a PE ratio of -1.97 and a beta of 0.67. The stock’s fifty day simple moving average is $3.41 and its 200-day simple moving average is $4.44.

111 (NASDAQ:YI) last posted its quarterly 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 for the quarter.

About 111

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.