Yatsen Holding Limited Sponsored ADR (NYSE:YSG - Get Free Report) shares were down 5.5% during trading on Tuesday . The stock traded as low as $9.50 and last traded at $9.57. Approximately 203,579 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 245,389 shares. The stock had previously closed at $10.12.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut shares of Yatsen from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd.
View Our Latest Report on Yatsen
Yatsen Stock Performance
The firm's 50-day simple moving average is $6.96 and its 200 day simple moving average is $5.00. The stock has a market capitalization of $862.26 million, a P/E ratio of -11.13 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) 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 for the quarter. As a group, research analysts expect that Yatsen Holding Limited Sponsored ADR will post -0.32 earnings per share for the current fiscal year.
Yatsen declared that its board has authorized a stock repurchase program on Friday, May 16th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its shares are undervalued.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of YSG. Connor Clark & Lunn Investment Management Ltd. bought a new position in Yatsen in the 4th quarter valued at about $452,000. Yiheng Capital Management L.P. bought a new position in Yatsen in the 4th quarter valued at about $42,000. Arrowstreet Capital Limited Partnership bought a new position in Yatsen in the 4th quarter valued at about $188,000. Russell Investments Group Ltd. acquired a new position in shares of Yatsen during the 4th quarter worth approximately $144,000. Finally, Barclays PLC increased its holdings in shares of Yatsen by 6.9% during the fourth 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 period.
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.
Further Reading
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