111 (NASDAQ:YI)stock observed trading -34.95% off 52-week high price. On the other end, the stock has been noted 180.98% away from low price over the last 52-weeks. The stock disclosed a move of 21.36% away from 50 day moving average and 15.32% away from 200 day moving average. Moving closer, we can see that shares have been trading 11.87% off 20-day moving average. It has market cap of $526.08M.
On Jan. 13, 2020, 111 (NASDAQ:YI) a leading integrated online and offline healthcare platform, notified that it has entered into a strategic partnership with Bestyoo, a prescription information sharing solutions provider in China. 111 will work with Bestyoo’s third-party online prescription information transferring and sharing platform (the Platform) to provide its users with prescription-based online drug purchase and home delivery services. Bestyoo and 111 will also jointly provide online consultation services to patients. This strategic partnership is expected to create a more standardized and feasible process for prescription information sharing and online sales of prescription drugs, bringing easy-to-access healthcare services to more patients in China.
As a leading domestic Internet + Medicine high-tech company in China, Bestyoo is committed to the development, promotion and application of prescription services. Bestyoo currently has one Gansu Provincial-level and six prefecture- and municipal-level platforms connecting more than 300 hospitals and covering 100 million patients.
The China based company 111 moved with change of -1.83% to $6.44 with the total traded volume of 27072 shares in recent session versus to an average volume of 30.38K. The stock was observed in the 5 days activity at 5.06%. The one month performance of stock was 26.03%. YI’s shares are at 27.78% for the quarter and driving a -32.57% return over the course of the past year and is now at -4.31% since this point in 2018. The average volatility for the week and month was at 12.49% and 12.39% respectively. There are 81.69M shares outstanding and 7.18M shares are floated in market.
Eugene Harris joined us after more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. Eugene earned bachelor degree from Union College with a focus in Business Administration. Eugene is the Senior Editor and market movers section. He also holds an MBA from Penn State University He has two daughter and two children.
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