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

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 Trading Up 15.6 %

NASDAQ:YJ traded up $0.07 during trading hours on Wednesday, hitting $0.52. 81,773 shares of the company were exchanged, compared to its average volume of 38,350. The company has a fifty day simple moving average of $0.60 and a 200 day simple moving average of $0.70. Yunji has a one year low of $0.36 and a one year high of $1.18. The stock has a market capitalization of $10.22 million, a price-to-earnings ratio of -0.51 and a beta of 0.45.

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

About Yunji

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.