Weiss Ratings reiterated their sell (e+) rating on shares of 111 (NASDAQ:YI – Free Report) in a report published on Saturday,Weiss Ratings reports.
111 Stock Down 0.7 %
YI opened at $0.43 on Friday. The stock’s 50 day moving average price is $0.68 and its two-hundred day moving average price is $0.81. The firm has a market capitalization of $36.39 million, a P/E ratio of -1.06 and a beta of 0.43. 111 has a 12-month low of $0.41 and a 12-month high of $1.60.
Shares of 111 are scheduled to reverse split on Friday, January 24th. The 1-10 reverse split was announced on Wednesday, January 8th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, January 23rd.
About 111
111, Inc engages in the provision of pharmaceutical products and medical services through online retail pharmacy and indirectly through offline pharmacy network. It operates through the B2C and B2B segments. The B2C segment engages in the sale of pharmaceutical and other health and wellness products directly to consumers through 1 Drugstore and its offline pharmacies.
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