So-Young International (NASDAQ:SY) Sets New 1-Year High - Still a Buy?

So-Young International Inc. Sponsored ADR (NASDAQ:SY - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $6.28 and last traded at $5.73, with a volume of 3467058 shares trading hands. The stock had previously closed at $5.87.

Analyst Upgrades and Downgrades

SY has been the subject of several research analyst reports. Wall Street Zen upgraded So-Young International to a "hold" rating in a report on Friday, July 18th. Citigroup upgraded So-Young International from a "neutral" rating to a "buy" rating and set a $5.50 target price for the company in a report on Tuesday, July 8th.

So-Young International Stock Performance

The company has a 50 day simple moving average of $11.69 and a two-hundred day simple moving average of $12.71. The firm has a market cap of $454.95 million, a PE ratio of -5.59 and a beta of 1.72.

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

Hedge Funds Weigh In On So-Young International

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

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.