Yimutian (NASDAQ:YMT) Stock Price Up 1.3% - Still a Buy?
Yimutian Inc. (NASDAQ:YMT) saw its stock price increase by 1.3% to $1.55 during mid-day trading, with a total of 21,400 shares traded, significantly lower than its average volume. Analysts have upgraded Yimutian to a "hold" rating. Despite the positive movement, it was noted that Yimutian is not among the top stock recommendations from leading analysts at this time.
Yimutian Inc. - Sponsored ADR (NASDAQ:YMT - Get Free Report)'s stock price rose 1.3% during mid-day trading on Friday . The company traded as high as $1.60 and last traded at $1.55. Approximately 21,400 shares were traded during trading, a decline of 61% from the average daily volume of 54,613 shares. The stock had previously closed at $1.53.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded Yimutian to a "hold" rating in a research note on Sunday, August 31st.
Get Our Latest Analysis on Yimutian
Yimutian Stock Up 1.3%
Yimutian Company Profile
(Get Free Report)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.
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