Yunji Inc (YJ)

What is Yunji Inc (YJ) ?

Yunji inc. is a company that operates a social e-commerce platform in the People's Republic of China. Yunji provides different types of products that meet the diverse needs of users and their households, including beauty and personal care, household items, clothing, food and fresh produce, computers and electronics, clothing, bags and cases, baby products and maternity, and household appliances. The company was founded in 2015 and is headquartered in Hangzhou, People's Republic of China.

YJ, is it a good pick?

On November 29th published revenue was $437.86M, and the following results are expected on March 21st. A number of institutional investors and hedge funds have recently made changes to their positions in the stock.

Technical analysis

From Dec 17th to Jan 6th the share price went down -6.88% to a price of $0.5398. From Jan 6th to Jan 28th the share price went up 78.37% to a price of $0.9696. The MACD shows that the stock is going up and the RSI shows that the stock is overbought and has passed the resistance, therefore the stock price could go up around 3.20% to a price of $1.00.