So-Young International (NASDAQ:SY) Stock Price Down 5% - Time to Sell?

So-Young International Inc. (NASDAQ:SY - Get Free Report) traded down 5% on Friday . The stock traded as low as $0.84 and last traded at $0.87. 139,838 shares traded hands during trading, an increase of 30% from the average session volume of 107,777 shares. The stock had previously closed at $0.91.

So-Young International Stock Up 6.5%

The company has a market capitalization of $97.90 million, a P/E ratio of 19.17 and a beta of 0.97. The company has a 50 day simple moving average of $0.83 and a two-hundred day simple moving average of $0.87.

So-Young International (NASDAQ:SY - Get Free Report) last released its quarterly earnings results on Friday, May 16th. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.34) by $0.30. The company had revenue of $40.95 million for the quarter, compared to analyst estimates of $293.76 million. So-Young International had a return on equity of 1.41% and a net margin of 2.41%.

So-Young International Cuts Dividend

The company also recently announced a -- dividend, which was paid on Friday, April 25th. Stockholders of record on Tuesday, April 8th were paid a $0.0225 dividend. The ex-dividend date was Tuesday, April 8th.

Institutional Trading of So-Young International

A hedge fund recently raised its stake in So-Young International stock. Jane Street Group LLC increased its position in So-Young International Inc. (NASDAQ:SY - Free Report) by 264.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,419 shares of the company's stock after purchasing 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 hedge funds and other institutional investors.

About So-Young International

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.