Shares of Yatsen Holding Limited Sponsored ADR (NYSE:YSG - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $9.75 and last traded at $9.60, with a volume of 122914 shares trading hands. The stock had previously closed at $9.15.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Yatsen from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th.
Check Out Our Latest Stock Report on YSG
Yatsen Price Performance
The stock's 50 day simple moving average is $5.31 and its two-hundred day simple moving average is $4.50.
Yatsen (NYSE:YSG - Get Free Report) last posted its quarterly earnings data on Friday, May 16th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $114.86 million during the quarter. Yatsen had a negative return on equity of 17.36% and a negative net margin of 17.03%. On average, sell-side analysts anticipate that Yatsen Holding Limited Sponsored ADR will post -0.32 EPS for the current year.
Yatsen declared that its board has initiated a stock repurchase plan on Friday, May 16th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.
Institutional Trading of Yatsen
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in YSG. BNP Paribas Financial Markets raised its stake in shares of Yatsen by 22.8% during the fourth quarter. BNP Paribas Financial Markets now owns 18,494 shares of the company's stock worth $74,000 after buying an additional 3,435 shares during the last quarter. Yiheng Capital Management L.P. bought a new position in Yatsen in the fourth quarter valued at approximately $42,000. Bank of America Corp DE acquired a new stake in Yatsen during the 4th quarter worth $42,000. Barclays PLC raised its position in shares of Yatsen by 6.9% during the 4th quarter. Barclays PLC now owns 174,156 shares of the company's stock valued at $693,000 after acquiring an additional 11,187 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Yatsen in the 4th quarter valued at $47,000.
About Yatsen
(
Get Free Report)
Yatsen Holding Limited, together with its subsidiaries, engages in the development and sale of beauty products under the Perfect Diary, Little Ondine, Pink Bear, Abby's Choice, GalÃnic, DR.WU, Eve Lom, and EANTiM brands in the People's Republic of China. The company offers color cosmetics for lips, eyes, and face; skin care products, including face serums and creams, eye creams, masks, toners, makeup removers, cleansers, ampoules, and anti-acne patches; and beauty tools and kits, sunscreen products, and beauty devices.
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