YXT.COM Group (NASDAQ:YXT) Shares Down 1.8% – Should You Sell?

YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT)’s share price traded down 1.8% during trading on Wednesday . The company traded as low as $0.3886 and last traded at $0.4010. 8,743 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 108,574 shares. The stock had previously closed at $0.4082.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of YXT.COM Group in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

YXT.COM Group Stock Performance

The business has a 50 day simple moving average of $0.58 and a 200-day simple moving average of $0.77.

YXT.COM Group (NASDAQ:YXT) last released its quarterly earnings results on Sunday, March 22nd. The company reported ($0.48) earnings per share (EPS) for the quarter. The business had revenue of $15.04 million during the quarter.

Hedge Funds Weigh In On YXT.COM Group

A hedge fund recently raised its stake in YXT.COM Group stock. Citadel Advisors LLC lifted its holdings in YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT) by 102.0% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,271 shares of the company’s stock after buying an additional 27,911 shares during the period. Citadel Advisors LLC owned approximately 0.09% of YXT.COM Group worth $55,000 at the end of the most recent reporting period.

About YXT.COM Group

YXT.COM Group Holding Limited, through its subsidiaries, provides digital corporate learning solution in the People’s Republic of China. The company offers corporate learning platform, personalized e-learning system, teaching tools, and online courses, as well as offline courses and courseware recording service. It also engages in the technology development; and sale of Software-as-a-Service and content. YXT.COM Group Holding Limited was formerly known as Unicentury Group Holding Limited and changed its name to YXT.COM Group Holding Limited in May 2021.