Yatsen Holding Limited (NYSE:YSG - Get Free Report)'s share price fell 4.3% during mid-day trading on Thursday . The company traded as low as $6.25 and last traded at $6.17. 232,356 shares changed hands during mid-day trading, an increase of 25% from the average session volume of 185,550 shares. The stock had previously closed at $6.45.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Yatsen from a "hold" rating to a "buy" rating in a research note on Friday, May 30th.
View Our Latest Stock Report on Yatsen
Yatsen Stock Performance
The business's 50 day moving average is $4.52 and its 200-day moving average is $4.27. The stock has a market cap of $568.99 million, a price-to-earnings ratio of -5.67 and a beta of -2.40.
Yatsen (NYSE:YSG - Get Free Report) last announced its earnings results on Friday, May 16th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $114.86 million for the quarter. Yatsen had a negative return on equity of 11.65% and a negative net margin of 24.65%. Sell-side analysts anticipate that Yatsen Holding Limited will post -0.32 EPS for the current fiscal year.
Yatsen announced that its board has approved a share buyback plan on Friday, May 16th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its shares are undervalued.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Yatsen in the 4th quarter valued at $452,000. Yiheng Capital Management L.P. purchased a new position in shares of Yatsen during the 4th quarter worth $42,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Yatsen during the 4th quarter worth $188,000. Russell Investments Group Ltd. purchased a new position in shares of Yatsen during the 4th quarter worth $144,000. Finally, Barclays PLC raised its holdings in shares of Yatsen by 6.9% during 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.
Yatsen Company Profile
(
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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.
Further Reading
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