Yatsen Holding Limited Sponsored ADR (NYSE:YSG - Get Free Report) traded down 5.5% during mid-day trading on Tuesday . The company traded as low as $9.50 and last traded at $9.57. 203,579 shares changed hands during trading, a decline of 17% from the average session volume of 245,389 shares. The stock had previously closed at $10.12.
Analyst Ratings Changes
Separately, Wall Street Zen lowered shares of Yatsen from a "buy" rating to a "hold" rating in a report on Sunday, June 22nd.
Check Out Our Latest Stock Analysis on YSG
Yatsen Stock Performance
The company has a market cap of $881.16 million, a price-to-earnings ratio of -11.42 and a beta of -2.10. The stock's fifty day simple moving average is $7.17 and its two-hundred day simple moving average is $5.06.
Yatsen (NYSE:YSG - Get Free Report) last announced its quarterly earnings results on Friday, May 16th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $114.86 million during the quarter. Yatsen had a negative net margin of 17.03% and a negative return on equity of 17.36%. Analysts predict that Yatsen Holding Limited Sponsored ADR will post -0.32 EPS for the current fiscal year.
Yatsen declared that its Board of Directors has authorized a share buyback plan on Friday, May 16th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.
Hedge Funds Weigh In On Yatsen
Hedge funds have recently made changes to their positions in the business. Yiheng Capital Management L.P. purchased a new position in shares of Yatsen in the 4th quarter valued at $42,000. Bank of America Corp DE purchased a new position in shares of Yatsen in the 4th quarter valued at $42,000. Marshall Wace LLP purchased a new position in shares of Yatsen in the 4th quarter valued at $47,000. Public Employees Retirement System of Ohio raised its stake in shares of Yatsen by 1,446.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company's stock valued at $51,000 after acquiring an additional 11,878 shares during the period. Finally, Jump Financial LLC purchased a new position in shares of Yatsen in the 1st quarter valued at $85,000.
Yatsen Company Profile
(
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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