Yatsen (NYSE:YSG) Shares Down 4.4% - What's Next?

Yatsen Holding Limited Sponsored ADR (NYSE:YSG - Get Free Report)'s share price traded down 4.4% during trading on Thursday . The stock traded as low as $10.41 and last traded at $10.48. 363,281 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 258,347 shares. The stock had previously closed at $10.96.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Yatsen from a "hold" rating to a "buy" rating in a research note on Friday.

Yatsen Price Performance

The company has a 50-day simple moving average of $7.87 and a 200-day simple moving average of $5.32. The stock has a market cap of $887.62 million, a PE ratio of -11.46 and a beta of -2.10.

Yatsen (NYSE:YSG - Get Free Report) last issued its quarterly earnings results on Friday, May 16th. The company reported ($0.01) earnings per share (EPS) for the quarter. Yatsen had a negative return on equity of 17.36% and a negative net margin of 17.03%. The business had revenue of $114.86 million during the quarter. On average, equities analysts expect that Yatsen Holding Limited Sponsored ADR will post -0.32 EPS for the current fiscal year.

Yatsen announced that its board has initiated a stock repurchase program on Friday, May 16th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in YSG. BNP Paribas Financial Markets grew its stake in Yatsen by 22.8% during the 4th quarter. BNP Paribas Financial Markets now owns 18,494 shares of the company's stock valued at $74,000 after acquiring an additional 3,435 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Yatsen by 39.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 20,791 shares of the company's stock worth $200,000 after acquiring an additional 5,871 shares during the period. Bank of America Corp DE acquired a new stake in shares of Yatsen in the 4th quarter valued at $42,000. Barclays PLC boosted its position in shares of Yatsen by 6.9% in the 4th 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. Finally, Marshall Wace LLP bought a new stake in shares of Yatsen in the fourth quarter valued at about $47,000.

Yatsen Company Profile

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.