Yunji Stock Scheduled to Reverse Split on Friday, September 13th (NASDAQ:YJ)

Shares of Yunji Inc. (NASDAQ:YJ) are set to reverse split on Friday, September 13th. The 1-4 reverse split was announced on Wednesday, September 11th. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, September 12th.

Yunji Stock Performance

NASDAQ:YJ traded up $0.07 during trading hours on Wednesday, reaching $0.52. The company’s stock had a trading volume of 81,773 shares, compared to its average volume of 38,350. The firm has a market capitalization of $10.22 million, a price-to-earnings ratio of -0.47 and a beta of 0.45. The firm has a 50-day simple moving average of $0.60 and a 200-day simple moving average of $0.70. Yunji has a 1 year low of $0.36 and a 1 year high of $1.18.

Yunji (NASDAQ:YJ) last issued its earnings results on Friday, August 23rd. The company reported ($0.06) EPS for the quarter. The business had revenue of $14.58 million during the quarter. Yunji had a negative return on equity of 8.78% and a negative net margin of 20.69%.

Yunji Company Profile

Yunji Inc, together with its subsidiaries, 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, cloths, food and fresh produce, computer and electronics, apparel, bags and cases, baby and maternity products, and home appliances.