YSX Tech (NASDAQ:YSXT) Trading 6.9% Higher – Still a Buy?

YSX Tech Co., Ltd (NASDAQ:YSXT) shares rose 6.9% on Thursday . The company traded as high as $1.59 and last traded at $1.54. Approximately 238,385 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 344,204 shares. The stock had previously closed at $1.44.

YSX Tech Stock Performance

The company has a fifty day simple moving average of $1.27 and a 200-day simple moving average of $1.87.

YSX Tech (NASDAQ:YSXT) last announced its earnings results on Friday, January 30th. The company reported $0.06 EPS for the quarter. The firm had revenue of $20.50 million during the quarter.

Hedge Funds Weigh In On YSX Tech

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. HRT Financial LP raised its stake in YSX Tech by 73.8% during the 4th quarter. HRT Financial LP now owns 71,555 shares of the company’s stock valued at $89,000 after purchasing an additional 30,381 shares during the period. Geode Capital Management LLC acquired a new stake in shares of YSX Tech in the second quarter worth $89,000. Finally, Jane Street Group LLC acquired a new stake in shares of YSX Tech in the fourth quarter worth $279,000.

About YSX Tech

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.