Yimutian Inc. – Sponsored ADR (NASDAQ:YMT – Get Free Report) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 34,225 shares, a decrease of 48.3% from the June 30th total of 66,210 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 1,366,109 shares, the short-interest ratio is currently 0.0 days.
Yimutian Stock Performance
Yimutian stock traded down $0.00 during trading hours on Wednesday, reaching $0.32. 34,888 shares of the company’s stock were exchanged, compared to its average volume of 502,343. The firm’s 50 day simple moving average is $0.66 and its 200 day simple moving average is $7.53. Yimutian has a twelve month low of $0.27 and a twelve month high of $90.75.
Yimutian (NASDAQ:YMT – Get Free Report) last announced its quarterly earnings data on Friday, May 15th. The company reported ($8.70) earnings per share (EPS) for the quarter. The firm had revenue of $5.42 million during the quarter.
Institutional Trading of Yimutian
Analyst Ratings Changes
Separately, Weiss Ratings raised Yimutian from a “sell (e)” rating to a “sell (e+)” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.
Read Our Latest Analysis on Yimutian
About Yimutian
Our mission is to make every acre of farmland more valuable via technology and industry know-how. We are the largest agricultural B2B platform in mainland China in terms of monthly active merchants in 2024, according to the F&S Report. We believe technology plays a critical role in agriculture, contributing to increased productivity of the industry. Over a decade, we have been dedicated to digitalizing China’s agricultural product supply chain infrastructure to streamline the agricultural product transaction process, making it efficient, transparent, secure, and convenient.
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