111 (NASDAQ:YI) Shares Set to Reverse Split on Friday, January 24th

111, Inc. (NASDAQ:YI) shares are set to reverse split before the market opens on Friday, January 24th. The 1-10 reverse split was announced on Wednesday, January 8th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, January 23rd.

111 Price Performance

Shares of YI stock traded down $0.03 during midday trading on Wednesday, reaching $0.54. 1,744,793 shares of the company traded hands, compared to its average volume of 561,499. The firm’s 50 day simple moving average is $0.72 and its two-hundred day simple moving average is $0.85. The firm has a market cap of $46.18 million, a PE ratio of -1.35 and a beta of 0.43. 111 has a 1-year low of $0.50 and a 1-year high of $1.64.

About 111

111, Inc engages in the provision of pharmaceutical products and medical services through online retail pharmacy and indirectly through offline pharmacy network. It operates through the B2C and B2B segments. The B2C segment engages in the sale of pharmaceutical and other health and wellness products directly to consumers through 1 Drugstore and its offline pharmacies.