Director Coleman James S. sold 443,596 shares in Yangtze River Port and Logistics Limited (NASDAQ:YRIV) for $3,290,325 in transaction occurred on 2019/02/11. After making this transaction, the Director owns a direct stake of 403,672 shares, worth $2,632,260, as per the last closing price. On 2019/02/06 Coleman James S., Director at YRIV, dumped 262,284 shares at an average price of $1.68 per share. The selling total is valued at $2,987,137.
Separately, it had been reported that some other YRIV insiders also took part of the insider trading activity. Director, Coleman James S. had divested 69,795 shares for $3,996,205 through a trade on 2019/02/01. Following this activity, the insider holds 136,100 shares worth $3,196,964 as of recent close.
Yangtze River Port and Logistics Limited (YRIV) trading activity significantly improved as the volume at ready counter increased to 4,101,445 shares versus 728,400 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 539,352 shares. The share price dropped -14.65% in recent trade and currently has a stock-market value of $178.8M. The shares finished at $0.8, after trading as low as $0.7735 earlier in the session. It hit an intraday high Tuesday at $1.28. The stock is now 12.68% above against its bear-market low of $0.71 on February 11, 2019. It has retreated -1593.75% since it’s 52-week high of $13.55 reached in July. Now the market price is down -73.35% on the year and down -79.74% YTD.
YRIV’s 50 day simple moving average (SMA 50) price is $4.08 and its 200-day simple moving average (SMA 200) price is $8.93. The company’s stock currently has a total float of 10.64M shares. Its weekly volatility is hovering around 43.73% and felt 21.26% volatility in price over a month. On the upside, the share price will test short term resistance at around $1.13. On a downside, the stock is likely to find some support, which begins at $0.62. The failure to get near-term support could push it to $0.44.
Also, it is trading at rather inexpensive levels at just over 0.79x price/book and 0x price/sales. YRIV’s ROE is -7.6%, which is also considerably worse than the industry’s ROE of 11.8%.