Citigroup upgraded shares of So-Young International (NASDAQ:SY - Free Report) from a neutral rating to a buy rating in a research note issued to investors on Tuesday morning, MarketBeat reports. They currently have $5.50 target price on the stock.
So-Young International Stock Up 4.1%
SY traded up $0.17 on Tuesday, reaching $4.34. The company had a trading volume of 4,632,225 shares, compared to its average volume of 357,482. So-Young International has a 1 year low of $0.66 and a 1 year high of $4.84. The stock has a market capitalization of $440.25 million, a PE ratio of -5.42 and a beta of 1.72. The stock has a 50-day moving average price of $13.53 and a 200-day moving average price of $13.32.
So-Young International (NASDAQ:SY - Get Free Report) last announced its earnings results on Friday, May 16th. The company reported ($0.60) EPS for the quarter, beating analysts' consensus estimates of ($5.10) by $4.50. The business had revenue of $40.95 million for the quarter, compared to analysts' expectations of $293.76 million. So-Young International had a negative net margin of 41.03% and a negative return on equity of 2.14%.
Hedge Funds Weigh In On So-Young International
A hedge fund recently raised its stake in So-Young International stock. Jane Street Group LLC raised its position in So-Young International Inc. Sponsored ADR (NASDAQ:SY - Free Report) by 264.2% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 36,419 shares of the company's stock after purchasing an additional 26,419 shares during the period. Jane Street Group LLC's holdings in So-Young International were worth $30,000 at the end of the most recent reporting period. 35.31% of the stock is currently owned by institutional investors and hedge funds.
About So-Young International
(
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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.
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