Yatsen Holding Limited (NYSE:YSG - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $7.25 and last traded at $7.07, with a volume of 940454 shares trading hands. The stock had previously closed at $6.19.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Yatsen from a "hold" rating to a "buy" rating in a research note on Friday, May 30th.
View Our Latest Analysis on Yatsen
Yatsen Price Performance
The stock has a 50-day moving average of $4.60 and a 200-day moving average of $4.30. The firm has a market cap of $757.49 million, a price-to-earnings ratio of -7.54 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. The company had revenue of $114.86 million during the quarter. Yatsen had a negative net margin of 24.65% and a negative return on equity of 11.65%. On average, equities analysts expect that Yatsen Holding Limited will post -0.32 EPS for the current fiscal year.
Yatsen declared that its board has approved a share repurchase program on Friday, May 16th that allows the company to buyback $0.00 in shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.
Institutional Trading of Yatsen
Several large investors have recently bought and sold shares of YSG. Yiheng Capital Management L.P. lifted its holdings in shares of Yatsen by 816.7% in the first quarter. Yiheng Capital Management L.P. now owns 96,328 shares of the company's stock worth $463,000 after acquiring an additional 85,820 shares during the last quarter. Walleye Capital LLC bought a new position in Yatsen in the 1st quarter valued at approximately $103,000. Jump Financial LLC acquired a new stake in Yatsen in the first quarter valued at approximately $85,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in Yatsen by 36.2% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 154,789 shares of the company's stock valued at $745,000 after buying an additional 41,109 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased 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 buying an additional 11,878 shares in the last quarter.
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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