So-Young International (NASDAQ:SY) Trading Up 11.4% - Here's Why

So-Young International Inc. Sponsored ADR (NASDAQ:SY - Get Free Report)'s stock price traded up 11.4% during trading on Friday . The company traded as high as $5.48 and last traded at $5.57. 385,678 shares traded hands during trading, a decline of 12% from the average session volume of 438,424 shares. The stock had previously closed at $5.00.

Analyst Upgrades and Downgrades

SY has been the subject of a number of recent analyst reports. 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. Wall Street Zen upgraded shares of So-Young International to a "hold" rating in a report on Friday.

So-Young International Trading Down 1.2%

The firm has a 50 day moving average of $12.27 and a 200-day moving average of $12.91. The company has a market cap of $588.35 million, a P/E ratio of -7.23 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) EPS for the quarter, topping the consensus estimate of ($5.10) by $4.50. So-Young International had a negative net margin of 41.03% and a negative return on equity of 2.14%. The firm had revenue of $40.95 million for the quarter, compared to the consensus estimate of $293.76 million.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in So-Young International stock. Jane Street Group LLC lifted its stake in So-Young International Inc. Sponsored ADR (NASDAQ:SY - Free Report) by 264.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 quarter. 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.