Yatsen Holding Limited Sponsored ADR (NYSE:YSG - Get Free Report) fell 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 mid-day 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 cut shares of Yatsen from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd.
Check Out Our Latest Research Report on YSG
Yatsen Trading Down 3.7%
The firm's 50-day moving average price is $6.96 and its 200 day moving average price is $5.00. The company has a market capitalization of $899.15 million, a price-to-earnings ratio of -11.61 and a beta of -2.10.
Yatsen (NYSE:YSG - Get Free Report) last issued its earnings results on Friday, May 16th. The company reported ($0.01) EPS for the quarter. The firm 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%. As a group, equities research analysts anticipate that Yatsen Holding Limited Sponsored ADR will post -0.32 earnings per share for the current fiscal year.
Yatsen declared that its board has initiated a share buyback program on Friday, May 16th that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.
Hedge Funds Weigh In On Yatsen
A number of institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its position in Yatsen by 22.8% during the 4th quarter. BNP Paribas Financial Markets now owns 18,494 shares of the company's stock worth $74,000 after purchasing an additional 3,435 shares in the last quarter. Yiheng Capital Management L.P. acquired a new position in Yatsen during the 4th quarter worth approximately $42,000. Bank of America Corp DE acquired a new position in Yatsen during the 4th quarter worth approximately $42,000. Barclays PLC increased its position in Yatsen by 6.9% during 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 in the last quarter. Finally, Marshall Wace LLP acquired a new position in Yatsen during the 4th quarter worth approximately $47,000.
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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