Yatsen (NYSE:YSG - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Friday.
Yatsen Stock Up 0.1%
NYSE:YSG traded up $0.00 during trading hours on Friday, reaching $5.51. The company had a trading volume of 117,935 shares, compared to its average volume of 183,112. The stock has a 50-day moving average of $4.46 and a two-hundred day moving average of $4.21. Yatsen has a one year low of $2.60 and a one year high of $6.13. The firm has a market capitalization of $505.96 million, a PE ratio of -5.06 and a beta of -2.60.
Yatsen (NYSE:YSG - Get Free Report) last announced its quarterly earnings results on Friday, May 16th. The company reported ($0.01) earnings per share for the quarter. Yatsen had a negative net margin of 24.65% and a negative return on equity of 11.65%. The company had revenue of $114.86 million during the quarter. As a group, sell-side analysts expect that Yatsen will post -0.32 earnings per share for the current year.
Yatsen announced that its Board of Directors has authorized a share repurchase plan on Friday, May 16th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.
Institutional Trading of Yatsen
A number of large investors have recently bought and sold shares of YSG. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Yatsen in the fourth quarter valued at $452,000. Yiheng Capital Management L.P. bought a new stake in shares of Yatsen during the fourth quarter worth $42,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Yatsen during the fourth quarter worth $188,000. Russell Investments Group Ltd. bought a new stake in shares of Yatsen during the fourth quarter worth $144,000. Finally, Barclays PLC grew its holdings in shares of Yatsen by 6.9% during the fourth quarter. Barclays PLC now owns 174,156 shares of the company's stock worth $693,000 after purchasing an additional 11,187 shares during the last quarter.
Yatsen Company Profile
(
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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