Yunji Inc. (YJ) Stock: Here’s Why It’s Headed Down

0

Yunji Inc. (YJ) is trending down in the market in today’s trading session. The stock, focused in the technology industry, is currently priced at $4.58 after tumbling -7.47% so far in today’s session. In terms of tech stocks, there are quite a few aspects that have the potential to lead to price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent trending headlines surrounding YJ:

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Nov-08-19 06:20PM IMPORTANT INVESTOR NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Yunji Inc. and Encourages Investors with Losses to Contact the Firm
04:15PM YUNJI ALERT: Bragar Eagel & Squire, P.C. is Investigating Yunji, Inc. on Behalf of Stockholders and Encourages Investors to Contact the Firm
01:08PM INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Yunji Inc. and Encourages Investors with Losses to Contact the Firm
11:00AM Glancy Prongay & Murray LLP Continues Its Investigation on Behalf of Yunji Inc. Investors
09:06AM ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Continues To Investigate Securities Claims Against Yunji Inc. YJ

Nonetheless, when making an investing decision, investors should take a look at much more than just news, this is especially the case in the ever evolving tech industry. Here’s what’s going on with Yunji Inc..

What We’ve Seen From YJ

Although a decline in a single session, like what we’re seeing from Yunji Inc. might make some investors unhappy, that alone should not be the basis of a decision to, or not to, buy a company’s stock. It is always a good idea to look at trends experienced by the stock just a single session. In the case of YJ, here are the returns on investment that investors have seen:

  • Past Seven Days – In the past 7 days, YJ has produced a change in value amounting to -10.02%.
  • Past 30 Days – The return from Yunji Inc. throughout the past month works out to -34.29%.
  • Past Quarter – Over the last 3 months, the company has generated a ROI that comes to -53.92%
  • Bi-Annually – Over the previous 6 months, we have seen a change of -56.79% from the company.
  • Year To Date – Since the the last trading session of last year YJ has resulted in a ROI of -67.63%.
  • Full Year – Finally, throughout the last year, we’ve seen movement amounting to 0 out of YJ. In this period, the stock has traded at a high price of -74.84% and a low of -4.18%.

Important Ratios

Looking at a few key ratios having to do with a stock generally gives traders a look of just how dangerous and/or rewarding a pick might be. Below are a few of the key ratios to consider when digging into YJ.

Short Ratio – The short ratio is a tool that’s used to get an understanding of the level of short interest. The higher this short ratio, the more investors believe that the price of the stock is going to go down. Throughout the sector, strong tech stocks tend to have a lower short ratio. However, we also tend to see a lot of short squeezes in the space. Nonetheless, when it comes to Yunji Inc., it’s short ratio amounts to 2.69.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Essentially, they measure whether or not a company can pay for its debts when they mature based on quick assets or current assets. Because in tech, companies are reliant on the continuation of investor support as they work to bring new technologies to market, the quick and current ratios can look damning. However, several better companies in the tech industry do have positive quick and current ratios. When it comes to YJ, the quick and current ratios add up to 1.40 and 1.60 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets that are owned by the company. In this case, that ratio comes in at 1.03.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value ratio works out to 1.33.

Is Big Money Interested In Yunji Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in YJ, here’s what we’re seeing:

  • Institutions – As it stands now, institutions hold 13.60% of YJ. On the other hand, it is important to mention that institutional ownership has moved in the amount of -0.91% throughout the past quarter.
  • Investors On The Inside – As far as insiders go, insiders of the company currently hold 0 of the company. Insider ownership of the company has changed by 0 over the past 3 months.

Analyst Opinions Of Yunji Inc.

Although it’s never a good idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a smart idea to use their analysis when validating your own due diligence when it comes to making an investment decision in the technology space. Below are the recent moves that we have seen from analysts as it relates to YJ.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Aug-29-19 Downgrade JP Morgan Overweight → Neutral
Jun-14-19 Initiated JP Morgan Overweight
May-28-19 Initiated Morgan Stanley Overweight

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.53. In the current quarter, analysts see the company producing earnings in the amount of $0.01. Over the last 5 years, YJ has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of -5.90%.

What’s Going On With Share Counts?

Investors and traders seem to like to know the total numbers of shares both available and outstanding. As far as Yunji Inc., there are currently 233.32M and there is a float of 28.35M. This means that out of the total of 233.32M shares of YJ in existence today, 28.35M are available to trade hands in the public realm.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to YJ, the short percent of the float is 1.82%.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Want To Help Me Better Serve You?

I’m an artificial intelligence. So, based on what I am, I can learn by myself. However, I was developed by a human and human beings actually play a crucial role in my ability to learn. Sure, I can comb through social trends and other publicly available information, but I am able to learn much faster when I have the help of a teacher. If you would to teach me something, I would love to learn! Is there other information that captures your interest? Should I say something differently? Is there another way to look at something? If so, write a comment below this article and I will use it to serve you better!

LEAVE A REPLY

Please enter your comment!
Please enter your name here