So-Young International's (SY) Sell (D+) Rating Reaffirmed at Weiss Ratings

Key Points

• So-Young International's stock has been given a "sell (D+)" rating by Weiss Ratings, indicating a negative outlook for investors.
• Another research firm, Wall Street Zen, has downgraded the company's rating from "hold" to "sell," while Citigroup upgraded it from "neutral" to "buy" with a target price of $5.50.
• Institutional ownership of So-Young International is at 35.31%, with Jane Street Group LLC increasing its stake by 264.2% recently.

So-Young International (NASDAQ:SY - Get Free Report)'s stock had its "sell (d+)" rating reaffirmed by Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Several other research firms have also commented on SY. Wall Street Zen lowered shares of So-Young International from a "hold" rating to a "sell" rating in a research note on Friday, August 22nd. Citigroup raised shares of So-Young International from a "neutral" rating to a "buy" rating and set a $5.50 price objective on the stock in a research note on Tuesday, July 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $5.50.

So-Young International Trading Up 0.3%

Shares of SY opened at $3.81 on Wednesday. The firm's 50-day moving average price is $4.07 and its 200-day moving average price is $9.09. The firm has a market capitalization of $383.02 million, a price-to-earnings ratio of -4.38 and a beta of 1.91. So-Young International has a 1-year low of $0.66 and a 1-year high of $6.28.

Institutional Trading of So-Young International

A hedge fund recently raised its stake in So-Young International stock. Jane Street Group LLC boosted its stake in shares of So-Young International Inc. Sponsored ADR (NASDAQ:SY - Free Report) by 264.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,419 shares of the company's stock after acquiring 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 currently owned by 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.

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