So-Young International (NASDAQ:SY) Upgraded at Citigroup

Citigroup upgraded shares of So-Young International (NASDAQ:SY - Free Report) from a neutral rating to a buy rating in a research report report published on Tuesday morning, Marketbeat.com reports. Citigroup currently has $5.50 price objective on the stock.

So-Young International Price Performance

Shares of SY traded up $0.01 during mid-day trading on Tuesday, reaching $3.84. 2,564,829 shares of the company's stock were exchanged, compared to its average volume of 379,537. The business's fifty day simple moving average is $13.03 and its 200-day simple moving average is $13.15. So-Young International has a 52-week low of $0.66 and a 52-week high of $4.84. The stock has a market capitalization of $389.53 million, a PE ratio of -4.80 and a beta of 1.72.

So-Young International (NASDAQ:SY - Get Free Report) last issued its quarterly earnings results on Friday, May 16th. The company reported ($0.60) earnings per share for the quarter, topping the consensus estimate of ($5.10) by $4.50. So-Young International had a negative return on equity of 2.14% and a negative net margin of 41.03%. The firm had revenue of $40.95 million during the quarter, compared to the consensus estimate of $293.76 million.

Institutional Inflows and Outflows

An institutional investor recently raised its position in So-Young International stock. Jane Street Group LLC grew its position in So-Young International Inc. Sponsored ADR (NASDAQ:SY - Free Report) by 264.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,419 shares of the company's stock after buying an additional 26,419 shares during the quarter. Jane Street Group LLC's holdings in So-Young International were worth $30,000 at the end of the most recent quarter. 35.31% of the stock is currently owned by hedge funds and other institutional investors.

So-Young International Company Profile

So-Young International Inc operates an online platform for consumption healthcare services in the People's Republic of China. The company offers So-Young Mobile App that offers users medical aesthetic knowledge and experience to reach an informed medical aesthetic treatment decision and make reservations for treatment with medical professionals and medical aesthetic institutions; So-Young Beauty which provides similar interfaces and functions as the mobile app, as well as serves as additional access points to the platform; and medical aesthetic community content through its website soyoung.com.