Youxin Technology (NASDAQ:YAAS) Shares Down 6.7% – Here’s Why

Shares of Youxin Technology Ltd (NASDAQ:YAAS) fell 6.7% on Thursday . The stock traded as low as $1.52 and last traded at $1.54. 84,299 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 147,325 shares. The stock had previously closed at $1.65.

Wall Street Analyst Weigh In

YAAS has been the topic of several research analyst reports. Wall Street Zen raised shares of Youxin Technology from a “sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Youxin Technology in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Youxin Technology has a consensus rating of “Sell”.

Youxin Technology Trading Down 6.7%

The company has a 50 day moving average of $1.92 and a two-hundred day moving average of $48.90.

Youxin Technology Company Profile

Youxin Technogy Ltd. operates as an investment holding company. It is a software as a service and platform as a service provider. The firm develops, uses and controls business applications without the need to purchase complex information technology infrastructure. The company was founded by Sun Jin Hou and Lin Shao Zhang on October 21, 2022 and is headquartered in Guangzhou, China.