Financial Lp Hrt Sells 1,523,686 Shares of YY Group (NASDAQ:YYGH) Stock

YY Group Holding Limited (NASDAQ:YYGH) major shareholder Financial Lp Hrt sold 1,523,686 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $0.12, for a total value of $182,842.32. Following the completion of the sale, the insider owned 314,389 shares of the company’s stock, valued at $37,726.68. The trade was a 82.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

YY Group Price Performance

NASDAQ:YYGH traded up $0.01 during mid-day trading on Tuesday, reaching $0.13. The stock had a trading volume of 154,885,573 shares, compared to its average volume of 14,028,229. The firm has a 50 day moving average price of $0.86 and a two-hundred day moving average price of $6.14. YY Group Holding Limited has a one year low of $0.11 and a one year high of $172.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.90 and a current ratio of 0.90.

Analysts Set New Price Targets

YYGH has been the subject of a number of recent research reports. Weiss Ratings downgraded YY Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, April 27th. Wall Street Zen upgraded YY Group to a “sell” rating in a research report on Saturday, April 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Trading of YY Group

A hedge fund recently bought a new stake in YY Group stock. Jane Street Group LLC bought a new stake in shares of YY Group Holding Limited (NASDAQ:YYGH) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,089 shares of the company’s stock, valued at approximately $27,000.

About YY Group

YY Group Holding Limited, a data and technology driven company, provides manpower outsourcing and cleaning services in Singapore and Malaysia. Its cleaning services include commercial cleaning for offices and schools; hospitality cleaning for hotels and shopping centers; industrial cleaning, facade cleaning, disinfection, and stewarding services for meetings, incentives, conferences, and exhibitions, as well as banquets; and pest control services. The company also offers cleaning robots and machines to enhance cleaning performance by deploying them at designated premises.