5 Cheap Pharmaceutical Stocks For 2021

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In this article we will take a look at the 5 cheap pharmaceutical stocks for 2021. For a detailed analysis of the pharma industry, go directly to 10 Cheap Pharmaceutical Stocks For 2021.

5. 111, Inc. (NASDAQ: YI

Number of Hedge Fund Holders: 5

111, Inc. (NASDAQ: YI) is a China-based firm that markets a healthcare platform which sells health and wellness products through digital retail, wholesale and pharmacies. It also provides online consultation services and e-prescription services to consumers, even on mobile platforms. The firm deals in drugs, nutritional supplements, contact lenses; medical supplies and devices, including bandages and thermometers; and personal care products. It is placed fifth on our list of 10 cheap pharmaceutical stocks for 2021. 

The market cap of the firm is over $900 million and it posted an annual revenue of more than $1.26 billion in December 2020, an increase of more than 50% compared to the previous year. The 52-week share price range of the firm is $45-$5 and earlier today, shares were trading for as low as $11. In March, the company announced that it was partnering with another pharma firm to develop an online chronic disease management platform for the hepatobiliary disease market in China. It also operates an online marketplace for third-party drug sellers.

Totem Point Management currently owns 562,788 shares of YI, worth $3.9 million. 111 Inc. occupies 1.62% of Totem Point’s overall equity.

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