Yimutian Inc. - Sponsored ADR's Lock-Up Period To Expire on February 16th (NASDAQ:YMT)

Yimutian's (NASDAQ:YMT - Get Free Report) lock-up period will end on Monday, February 16th. Yimutian had issued 5,010,000 shares in its initial public offering on August 19th. The total size of the offering was $20,541,000 based on an initial share price of $4.10. After the expiration of Yimutian's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.Yimutian Stock Down 8.7%Shares of NASDAQ:YMT opened at $1.64 on Monday. The stock's 50-day moving average price is $1.59. Yimutian has a 12 month low of $1.00 and a 12 month high of $6.05. Yimutian (NASDAQ:YMT - Get Free Report) last issued its earnings results on Tuesday, December 30th. The company reported ($0.27) earnings per share (EPS) for the quarter. The firm had revenue of $4.55 million during the quarter. Institutional Inflows and OutflowsAn institutional investor recently bought a new position in Yimutian stock. Citadel Advisors LLC acquired a new position in shares of Yimutian Inc. - Sponsored ADR (NASDAQ:YMT - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 166,386 shares of the company's stock, valued at approximately $309,000. Citadel Advisors LLC owned approximately 0.15% of Yimutian at the end of the most recent reporting period. About Yimutian (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. Over a decade, we have been dedicated to digitalizing China's agricultural product supply chain infrastructure to streamline the agricultural product transaction process, making it efficient, transparent, secure, and convenient.Featured StoriesFive stocks we like better than YimutianThe day the gold market brokeYour Bank Account Is No Longer SafeWhat a Former CIA Agent Knows About the Coming CollapseHe just nailed another gold prediction …~$1.5T SpaceX IPO: Pre-IPO OpportunityThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Yimutian Right Now?Before you consider Yimutian, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yimutian wasn't on the list.While Yimutian currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here