So-Young International (NASDAQ:SY) Shares Down 4.3% – Time to Sell?

So-Young International Inc. Sponsored ADR (NASDAQ:SY)’s share price fell 4.3% on Tuesday . The company traded as low as $1.53 and last traded at $1.56. 335,071 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 491,810 shares. The stock had previously closed at $1.63.

Analyst Ratings Changes

Several research analysts have issued reports on SY shares. Wall Street Zen upgraded So-Young International from a “sell” rating to a “hold” rating in a research report on Sunday, April 26th. Weiss Ratings raised So-Young International from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

So-Young International Stock Performance

The firm has a market capitalization of $158.50 million, a P/E ratio of -4.33 and a beta of 1.99. The stock’s 50 day simple moving average is $2.15 and its 200 day simple moving average is $2.65.

So-Young International (NASDAQ:SY) last posted its quarterly earnings results on Friday, May 22nd. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.03. The firm had revenue of $62.77 million during the quarter, compared to the consensus estimate of $60.20 million. So-Young International had a negative net margin of 15.59% and a negative return on equity of 13.95%.

Institutional Investors Weigh In On So-Young International

Several hedge funds have recently made changes to their positions in the company. Barclays PLC grew its position in shares of So-Young International by 124.3% during the 4th quarter. Barclays PLC now owns 1,116,336 shares of the company’s stock worth $2,858,000 after buying an additional 618,709 shares in the last quarter. KADENSA CAPITAL Ltd purchased a new stake in So-Young International in the third quarter worth about $3,956,000. Nomura Holdings Inc. purchased a new stake in So-Young International in the third quarter worth about $1,265,000. Lighthouse Investment Partners LLC bought a new position in So-Young International during the 3rd quarter worth about $1,105,000. Finally, Quadrature Capital Ltd purchased a new position in So-Young International during the 3rd quarter valued at about $1,080,000. 35.31% of the stock is currently owned by hedge funds and other institutional investors.

So-Young International Company Profile

So-Young International Inc operates a leading digital marketplace and community platform focused on the medical aesthetic industry in China. Headquartered in Shanghai and founded in 2013, the company connects consumers seeking cosmetic treatments with a network of accredited clinics, licensed physicians and beauty service providers. Its online ecosystem offers a wealth of educational content, peer reviews and before-and-after galleries designed to help users make informed decisions about aesthetic procedures.

The company’s platform is accessible via web and mobile applications, where users can browse service packages, compare providers, read expert articles and schedule appointments directly through an integrated booking system.