Yatsen Holding Limited Sponsored ADR (NYSE:YSG - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 438,995 shares were traded during trading, an increase of 106% from the previous session's volume of 212,985 shares.The stock last traded at $9.07 and had previously closed at $8.73.
Analyst Ratings Changes
Separately, Wall Street Zen raised Yatsen from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th.
Read Our Latest Stock Analysis on YSG
Yatsen Stock Performance
The firm's 50 day moving average price is $5.54 and its two-hundred day moving average price is $4.56. The company has a market cap of $874.89 million, a P/E ratio of -11.29 and a beta of -2.40.
Yatsen (NYSE:YSG - Get Free Report) last posted its quarterly earnings results on Friday, May 16th. The company reported ($0.01) EPS for the quarter. Yatsen had a negative return on equity of 17.36% and a negative net margin of 17.03%. The company had revenue of $114.86 million during the quarter. As a group, analysts forecast that Yatsen Holding Limited Sponsored ADR will post -0.32 EPS for the current fiscal year.
Yatsen announced that its Board of Directors has approved a stock buyback plan on Friday, May 16th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Yiheng Capital Management L.P. bought a new stake in shares of Yatsen during the fourth quarter valued at approximately $42,000. Bank of America Corp DE acquired a new stake in Yatsen in the 4th quarter valued at $42,000. Marshall Wace LLP bought a new stake in Yatsen during the 4th quarter valued at $47,000. Public Employees Retirement System of Ohio increased its stake in Yatsen by 1,446.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company's stock valued at $51,000 after purchasing an additional 11,878 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in Yatsen during the first quarter worth $85,000.
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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