Yueda Digital (NASDAQ:YDKG) Shares Up 5.1% – What’s Next?

Yueda Digital Holding (NASDAQ:YDKG)’s share price shot up 5.1% on Friday . The company traded as high as $0.8989 and last traded at $0.8584. 39,228 shares traded hands during trading, a decline of 76% from the average session volume of 162,369 shares. The stock had previously closed at $0.8171.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Yueda Digital in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Yueda Digital has a consensus rating of “Sell”.

Yueda Digital Stock Performance

The firm has a 50 day moving average price of $1.01.

Institutional Investors Weigh In On Yueda Digital

A hedge fund recently bought a new stake in Yueda Digital stock. Virtu Financial LLC purchased a new position in Yueda Digital Holding (NASDAQ:YDKG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,619 shares of the company’s stock, valued at approximately $44,000. 1.02% of the stock is owned by institutional investors and hedge funds.

Yueda Digital Company Profile

AirMedia Group Inc operates out-of-home advertising platforms primarily in the People’s Republic of China. The company operates a network of digital TV screens on planes operated by five airlines; and gas station media network, as well as other outdoor media advertising platforms in gas stations. It also displays non-advertising content, such as weather, sports, and comedy clips; and television programs, including documentaries and hidden camera type reality shows from other third-party content providers.