Key Points
- Major shareholder Financial Lp Hrt sold 1,523,686 shares of YY Group Holding Limited on June 12 at an average price of $0.12, totaling about $182,842.
- After the sale, the insider’s stake fell to 314,389 shares, marking an 82.9% decrease in their position.
- YYGH was trading near $0.14, with the stock far below its moving averages and a 52-week range of $0.11 to $172.50; analysts currently rate the stock a Sell.
YY Group Holding Limited (NASDAQ:YYGH - Get Free Report) major shareholder Financial Lp Hrt sold 1,523,686 shares of the company's stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $0.12, for a total transaction of $182,842.32. Following the transaction, the insider owned 314,389 shares in the company, valued at $37,726.68. This represents a 82.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
YY Group Stock Performance
YYGH opened at $0.14 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.90 and a current ratio of 0.90. The company's 50-day simple moving average is $0.84 and its two-hundred day simple moving average is $6.05. YY Group Holding Limited has a 52-week low of $0.11 and a 52-week high of $172.50.
Institutional Investors Weigh In On YY Group
A hedge fund recently bought a new stake in YY Group stock. Jane Street Group LLC acquired a new stake in shares of YY Group Holding Limited (NASDAQ:YYGH - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 10,089 shares of the company's stock, valued at approximately $27,000.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on YYGH shares. Wall Street Zen upgraded shares of YY Group to a "sell" rating in a research note on Saturday, April 18th. Weiss Ratings cut shares of YY Group from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, YY Group currently has an average rating of "Sell".
View Our Latest Research Report on YY Group
About YY Group
(
Get Free Report)
YY Group Holding Limited, a data and technology driven company, provides manpower outsourcing and cleaning services in Singapore and Malaysia. Its cleaning services include commercial cleaning for offices and schools; hospitality cleaning for hotels and shopping centers; industrial cleaning, facade cleaning, disinfection, and stewarding services for meetings, incentives, conferences, and exhibitions, as well as banquets; and pest control services. The company also offers cleaning robots and machines to enhance cleaning performance by deploying them at designated premises.
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