Volatility Is Your Friend: 111 Inc ADR (YI) Is Hot Again

111 Inc ADR (NASDAQ:YI) does about 157.95K shares in volume on a normal day but saw 3803625 shares change hands in the recent trading day. The company now has a market cap of 37.54M USD. Its current market price is $0.76, marking an increase of 1.46% compared to the previous close of $0.75. The 52 week high reached by this stock is $2.68 whilst the lowest price level in 52 weeks is $0.55.

111 Inc ADR (YI) has a 20-day trading average at $0.6525 and the current price is -71.79% off the 52-week high compared with 37.45% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8771 and its 200-day simple moving average is $1.1746. If we look at the stock’s price movements over the week, volatility stands at 21.07%, which decreases to 13.50% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 53.16 to suggest the stock is neutral.

The consensus objective for the share price is $5.70, suggesting that the stock has a potential upside of 86.67% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 15, 2021 when Citigroup resumed the stock to “Buy” and issued a price target of $16.

The current price level is 15.76%, -14.41%, and -35.86% away from its SMA20, SMA50, and SMA200 respectively, with the YI price moving above the 50-day SMA on current market day. 111 Inc ADR (YI) stock is up 22.73% over the week and -3.08% over the past month. Its price is -51.23% year-to-date and -69.27% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $605.65M, which analysts say will come at $2.15B for the current fiscal year and next year at $2.36B. In addition, estimates put the company’s current quarterly revenue at an average of $543.19M.

To reach the target analysts have set, the stock logically needs to grow 86.67 percent from here.

The beta has a value of 0.39. Price to sales ratio is 0.02.