YJ Stock Surges Over 5% Amid Internet Retail Sector Growth

Author's Avatar
Jan 03, 2025
Article's Main Image

The stock of Yunji Inc. (YJ, Financial) experienced a notable increase of 5.17%, reaching $1.83 per share with a trading volume of 75,799 shares and a turnover rate of 1.54%. The stock's amplitude registered at 7.47%. The latest financial report reveals Yunji's operating revenue at $12.09 million, with a net loss of $4.19 million, leading to an earnings per share of -$0.85. The gross profit stood at $6.55 million, and the price-to-earnings ratio is at -0.06.

Currently, there are no institutional ratings for Yunji's stock, indicating a lack of "buy," "hold," or "sell" recommendations. Within the internet retail sector, which saw an overall increase of 2.20%, Yunji's performance is notable. Other significant gainers in the sector include Jeffs Brands Ltd C/Wts (To Pur Com) and Thredup Inc., while companies like Meitu Technology and Webuy Global Ltd. showed high activity levels with turnover rates of 133.64%, 16.76%, and 10.73%, respectively. Stocks with significant amplitude included Meitu Technology and Jeffs Brands Ltd C/Wts (To Pur Com).

Yunji is a Chinese social e-commerce platform operating on a membership model, leveraging social interactions to offer a curated selection of products. These range from beauty and personal care to electronics, baby products, toys, and fresh produce. Yunji has expanded its operations across various sales channels and platforms within China.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.