Yatsen Holding Limited (NYSE:YSG - Get Free Report) was down 4.3% during mid-day trading on Thursday . The stock traded as low as $6.25 and last traded at $6.17. Approximately 232,356 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 185,550 shares. The stock had previously closed at $6.45.
Analyst Ratings Changes
Separately, Wall Street Zen raised Yatsen from a "hold" rating to a "buy" rating in a research report on Friday, May 30th.
View Our Latest Report on YSG
Yatsen Price Performance
The company has a 50-day moving average price of $4.55 and a two-hundred day moving average price of $4.28. The company has a market cap of $567.61 million, a PE ratio of -5.65 and a beta of -2.40.
Yatsen (NYSE:YSG - Get Free Report) last posted its quarterly earnings data on Friday, May 16th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $114.86 million for the quarter. Yatsen had a negative net margin of 24.65% and a negative return on equity of 11.65%. On average, equities research analysts anticipate that Yatsen Holding Limited will post -0.32 earnings per share for the current year.
Yatsen announced that its board has initiated a share repurchase plan on Friday, May 16th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.
Institutional Investors Weigh In On Yatsen
A number of hedge funds have recently bought and sold shares of the business. Yiheng Capital Management L.P. acquired a new stake in Yatsen during the 4th quarter valued at approximately $42,000. Bank of America Corp DE acquired a new stake in Yatsen in the fourth quarter valued at $42,000. Marshall Wace LLP bought a new position in Yatsen during the 4th quarter valued at $47,000. Public Employees Retirement System of Ohio grew its holdings 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 worth $51,000 after acquiring an additional 11,878 shares in the last quarter. Finally, Jump Financial LLC bought a new stake in shares of Yatsen in the 1st quarter worth about $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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