YSX Tech (NASDAQ:YSXT) Stock Price Down 6.3% – Should You Sell?

YSX Tech Co., Ltd (NASDAQ:YSXT) was down 6.3% during mid-day trading on Tuesday . The company traded as low as $1.73 and last traded at $1.7999. Approximately 1,861,534 shares were traded during trading, an increase of 209% from the average daily volume of 603,117 shares. The stock had previously closed at $1.92.

Wall Street Analyst Weigh In

Several research analysts have weighed in on YSXT shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of YSX Tech in a report on Wednesday, October 8th. Wall Street Zen raised YSX Tech to a “hold” rating in a research report on Saturday, November 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

YSX Tech Stock Down 6.3%

The stock’s fifty day simple moving average is $2.39 and its two-hundred day simple moving average is $3.44.

Institutional Investors Weigh In On YSX Tech

An institutional investor recently bought a new position in YSX Tech stock. Geode Capital Management LLC purchased a new position in shares of YSX Tech Co., Ltd (NASDAQ:YSXT) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 16,342 shares of the company’s stock, valued at approximately $89,000. Geode Capital Management LLC owned about 0.07% of YSX Tech at the end of the most recent reporting period.

YSX Tech Company Profile

YSX Tech. Co Ltd. engages in providing comprehensive business solutions to enterprise customers, mainly insurance companies and brokerages in China. Its service includes electronic engineering, PCB fabrication, SMT and PCB assembly, components sourcing, prototyping, box build, turn-key solution and other value-added services for a broad range of companies with regard to telecommunication, consumptive electronics, industrial test and control, medical equipment, power supply, security, vehicle and more.