YJ - Yunji Inc. Looks to Continue to Trade Below its Annual-Low Share Price Today
Shares of Yunji Inc. (NASDAQ:YJ) traded today at $1.50, breaking its 52-week low. Approximately 111,000 shares have changed hands today, as compared to an average 30-day volume of 295,000 shares.
Yunji Inc is a social e-commerce platform in China that offers a membership-based model that leverages the power of social interaction. The company provides a host of selected commodities such as beauty and personal care, mobile phones and digital products, baby and maternal products, toys, fruits, and other fresh products. Geographically, the firm operates in China.
Over the past year, Yunji Inc. has traded in a range of $1.50 to $6.05 and is now at $1.50.
Yunji Inc. has overhead space with shares priced $1.50, or 15.8% below the average consensus analyst price target of $1.78.
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