YSX Tech (NASDAQ:YSXT) Shares Up 9.6% – Should You Buy?

YSX Tech Co., Ltd (NASDAQ:YSXT) shares shot up 9.6% on Thursday . The stock traded as high as $1.37 and last traded at $1.37. Approximately 14,540 shares changed hands during trading, a decline of 67% from the average session volume of 44,190 shares. The stock had previously closed at $1.25.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of YSX Tech in a research note on Tuesday, June 30th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, YSX Tech has an average rating of “Sell”.

YSX Tech Price Performance

The company has a 50 day moving average of $1.01 and a 200 day moving average of $1.12. The company has a quick ratio of 2.79, a current ratio of 2.79 and a debt-to-equity ratio of 0.05.

Hedge Funds Weigh In On YSX Tech

Several hedge funds and other institutional investors have recently modified their holdings of YSXT. HRT Financial LP boosted its position in YSX Tech by 73.8% during the fourth quarter. HRT Financial LP now owns 71,555 shares of the company’s stock worth $89,000 after acquiring an additional 30,381 shares during the last quarter. Geode Capital Management LLC purchased a new position in YSX Tech in the 2nd quarter worth approximately $89,000. Finally, Jane Street Group LLC purchased a new position in YSX Tech in the 4th quarter worth approximately $279,000.

YSX Tech Company Profile

YSX Tech. Co Ltd. engages in providing comprehensive business solutions to enterprise customers, mainly insurance companies and brokerages in China. Its service includes electronic engineering, PCB fabrication, SMT and PCB assembly, components sourcing, prototyping, box build, turn-key solution and other value-added services for a broad range of companies with regard to telecommunication, consumptive electronics, industrial test and control, medical equipment, power supply, security, vehicle and more.