So-Young International Inc. Sponsored ADR (NASDAQ:SY - Get Free Report)'s share price fell 5% during mid-day trading on Monday . The stock traded as low as $5.50 and last traded at $5.58. 1,205,087 shares changed hands during mid-day trading, an increase of 149% from the average session volume of 484,839 shares. The stock had previously closed at $5.87.
Wall Street Analyst Weigh In
A number of research analysts have commented on the company. Wall Street Zen raised So-Young International to a "hold" rating in a report on Friday. Citigroup raised So-Young International from a "neutral" rating to a "buy" rating and set a $5.50 price objective for the company in a research note on Tuesday, July 8th.
View Our Latest Analysis on So-Young International
So-Young International Price Performance
The stock has a 50-day moving average of $12.27 and a 200-day moving average of $12.91. The firm has a market cap of $581.25 million, a price-to-earnings ratio of -7.16 and a beta of 1.72.
So-Young International (NASDAQ:SY - Get Free Report) last released its earnings results on Friday, May 16th. The company reported ($0.60) earnings per share (EPS) 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 analyst estimates of $293.76 million. So-Young International had a negative net margin of 41.03% and a negative return on equity of 2.14%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in So-Young International stock. Jane Street Group LLC boosted its holdings in So-Young International Inc. Sponsored ADR (NASDAQ:SY - Free Report) by 264.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 36,419 shares of the company's stock after buying an additional 26,419 shares during the period. 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
(
Get Free Report)
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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