111 (NASDAQ:YI) Trading 0.7% Higher – Time to Buy?

111, Inc. Sponsored ADR (NASDAQ:YI)’s stock price traded up 0.7% during trading on Wednesday . The stock traded as high as $6.11 and last traded at $5.7490. 11,624 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 10,992 shares. The stock had previously closed at $5.71.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of 111 from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, 111 currently has an average rating of “Sell”.

111 Stock Up 0.7%

The firm’s 50 day simple moving average is $6.79 and its 200 day simple moving average is $5.43. The company has a market cap of $49.67 million, a price-to-earnings ratio of -5.75 and a beta of 0.66.

About 111

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.