Yatsen Holding Limited (NYSE:YSG - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $6.25 and last traded at $6.23, with a volume of 256547 shares trading hands. The stock had previously closed at $5.74.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Yatsen from a "hold" rating to a "buy" rating in a report on Friday, May 30th.
Get Our Latest Stock Report on YSG
Yatsen Stock Performance
The company has a 50-day moving average of $4.55 and a 200-day moving average of $4.28. The stock has a market capitalization of $567.61 million, a price-to-earnings ratio of -5.65 and a beta of -2.40.
Yatsen (NYSE:YSG - Get Free Report) last released its quarterly earnings results 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 11.65% and a negative net margin of 24.65%. As a group, analysts expect that Yatsen Holding Limited will post -0.32 earnings per share for the current year.
Yatsen declared that its board has initiated a share buyback plan on Friday, May 16th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.
Institutional Investors Weigh In On Yatsen
Hedge funds have recently modified their holdings of the company. Jane Street Group LLC lifted its stake in shares of Yatsen by 113.8% during the fourth quarter. Jane Street Group LLC now owns 104,785 shares of the company's stock valued at $417,000 after buying an additional 55,766 shares during the period. Barclays PLC grew its stake in Yatsen by 6.9% in the 4th quarter. Barclays PLC now owns 174,156 shares of the company's stock worth $693,000 after acquiring an additional 11,187 shares during the period. Marshall Wace LLP acquired a new position in Yatsen in the 4th quarter valued at $47,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Yatsen during the 4th quarter worth $188,000. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of Yatsen by 1,446.8% during the fourth quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company's stock worth $51,000 after purchasing an additional 11,878 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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