Youxin Technology's (NASDAQ:YAAS - Get Free Report) quiet period is set to expire on Wednesday, January 29th. Youxin Technology had issued 2,300,000 shares in its initial public offering on December 20th. The total size of the offering was $10,350,000 based on an initial share price of $4.50. During the company's quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Shares of YAAS opened at $3.65 on Wednesday. Youxin Technology has a 1 year low of $3.20 and a 1 year high of $4.25.
We are a software as a service ("SaaS") and platform as a service ("PaaS") provider committed to helping retail enterprises digitally transform their businesses using our cloud-based SaaS product and our PaaS platform to develop, use and control business applications without the need to purchase complex IT infrastructure.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Youxin Technology, 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 Youxin Technology wasn't on the list.
While Youxin Technology currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.