111 (NASDAQ:YI) Shares Up 3.2% – Should You Buy?

111, Inc. Sponsored ADR (NASDAQ:YI)’s share price shot up 3.2% during mid-day trading on Monday . The stock traded as high as $7.25 and last traded at $6.79. 10,261 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 10,742 shares. The stock had previously closed at $6.58.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 111 in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

111 Stock Up 3.2%

The firm has a market cap of $58.67 million, a P/E ratio of -6.79 and a beta of 0.69. The firm’s fifty day moving average is $7.17 and its two-hundred day moving average is $5.22.

111 Company Profile

111, Inc (NASDAQ: YI) is a leading online pharmacy e-commerce platform in China, operating under the brand 111.com. The company provides consumers with a comprehensive selection of pharmaceutical and healthcare products through its proprietary digital channels, including a website and mobile applications. By integrating online ordering, prescription management, and direct-to-consumer delivery, 111, Inc aims to streamline the purchase of medicines and health-related goods for customers nationwide.

111, Inc’s product portfolio encompasses prescription and over-the-counter drugs, nutritional supplements, vitamins, maternal and child care items, personal care products, and beauty goods.