111 (NASDAQ:YI) Lifted to “Strong-Buy” at ValuEngine

ValuEngine upgraded shares of 111 (NASDAQ:YI) from a buy rating to a strong-buy rating in a research note released on Wednesday morning, ValuEngine reports.

111 stock opened at $5.00 on Wednesday. The firm’s 50-day moving average is $3.99 and its 200-day moving average is $5.74. 111 has a 1 year low of $2.29 and a 1 year high of $12.34. The company has a market cap of $407.70 million and a P/E ratio of -4.50.

111 (NASDAQ:YI) last posted its quarterly earnings results on Thursday, August 15th. The company reported ($0.18) earnings per share (EPS) for the quarter. 111 had a negative return on equity of 39.18% and a negative net margin of 18.45%. The business had revenue of $122.09 million during the quarter. As a group, equities analysts expect that 111 will post -1.32 EPS for the current year.

111 Company Profile

111, Inc, through its subsidiaries, operates an integrated online and offline platform in the healthcare market in the People's Republic of China. The company sells medical and wellness products through online retail, and wholesale and retail pharmacies, as well as provides value-added services, such as online consultation services and e-prescription services to consumers.

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