Yueda Digital (NASDAQ:YDKG) Stock Price Down 15% – Time to Sell?

Yueda Digital Holding (NASDAQ:YDKG) shares fell 15% on Friday . The company traded as low as $1.65 and last traded at $1.70. 677,247 shares traded hands during trading, an increase of 154% from the average session volume of 266,848 shares. The stock had previously closed at $2.00.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Yueda Digital in a research note on Thursday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Yueda Digital Price Performance

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Yueda Digital stock. Virtu Financial LLC purchased a new position in Yueda Digital Holding (NASDAQ:YDKG) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 12,619 shares of the company’s stock, valued at approximately $44,000. Hedge funds and other institutional investors own 1.02% of the company’s stock.

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.