Yunji (NASDAQ:YJ) Posts Earnings Results, Misses Estimates By $0.01 EPS

Yunji (NASDAQ:YJ) announced its quarterly earnings results on Tuesday. The company reported $0.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.01), Fidelity Earnings reports. The firm had revenue of $351.83 million during the quarter.

Shares of Yunji stock traded up $0.05 during trading on Thursday, reaching $3.75. The company’s stock had a trading volume of 924 shares, compared to its average volume of 79,182. The company has a quick ratio of 1.45, a current ratio of 1.71 and a debt-to-equity ratio of 0.02. The company has a market cap of $769.91 million and a price-to-earnings ratio of -6.47. Yunji has a 1-year low of $2.75 and a 1-year high of $18.20. The company has a 50-day simple moving average of $4.16 and a two-hundred day simple moving average of $5.21.

A number of brokerages have recently issued reports on YJ. Credit Suisse Group downgraded Yunji from an “outperform” rating to a “neutral” rating in a report on Wednesday. Zacks Investment Research raised Yunji from a “sell” rating to a “hold” rating in a research report on Saturday, February 22nd. Morgan Stanley cut Yunji from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, February 4th. BidaskClub raised Yunji from a “sell” rating to a “hold” rating in a research report on Friday, March 6th. Finally, ValuEngine raised Yunji from a “hold” rating to a “buy” rating in a research report on Wednesday. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $14.40.

Yunji Company Profile

Yunji Inc operates a social e-commerce platform in the People's Republic of China. It offers a range of product categories that cater various daily needs of users and their households, including beauty and personal care, household goods, food and fresh produce, computer and electronics, apparel, bags and cases, baby and maternity products, and home appliances.

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