Jian David Sun Sells 70,440 Shares of 111 (NASDAQ:YI) Stock

111, Inc. Sponsored ADR (NASDAQ:YI) Director Jian David Sun sold 70,440 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $0.25, for a total transaction of $17,610.00. Following the sale, the director directly owned 710,551 shares of the company’s stock, valued at approximately $177,637.75. The trade was a 9.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jian David Sun also recently made the following trade(s):

• On Tuesday, May 26th, Jian David Sun sold 29,280 shares of 111 stock. The shares were sold at an average price of $0.27, for a total transaction of $7,905.60.

111 Trading Up 1.3%

YI opened at $5.47 on Friday. The company has a fifty day simple moving average of $6.29 and a 200 day simple moving average of $5.58. The firm has a market cap of $48.08 million, a price-to-earnings ratio of -5.47 and a beta of 0.66. 111, Inc. Sponsored ADR has a twelve month low of $2.48 and a twelve month high of $11.17.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of 111 from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

111 Company Profile

111, Inc (NASDAQ: YI) is a leading online pharmacy e-commerce platform in China, operating under the brand 111.com. The company provides consumers with a comprehensive selection of pharmaceutical and healthcare products through its proprietary digital channels, including a website and mobile applications. By integrating online ordering, prescription management, and direct-to-consumer delivery, 111, Inc aims to streamline the purchase of medicines and health-related goods for customers nationwide.

111, Inc’s product portfolio encompasses prescription and over-the-counter drugs, nutritional supplements, vitamins, maternal and child care items, personal care products, and beauty goods.