Yatsen (NYSE:YSG) Trading 0% Higher – Still a Buy?

Yatsen Holding Limited Sponsored ADR (NYSE:YSG)’s share price shot up 0% on Tuesday . The company traded as high as $3.60 and last traded at $3.5310. Approximately 122,910 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 136,925 shares. The stock had previously closed at $3.53.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Yatsen from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, May 18th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Yatsen presently has a consensus rating of “Sell”.

Yatsen Trading Up 0.0%

The stock has a fifty day simple moving average of $3.02 and a two-hundred day simple moving average of $3.58. The firm has a market cap of $331.24 million, a PE ratio of -16.81 and a beta of -1.57.

Yatsen (NYSE:YSG) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.00) EPS for the quarter. The company had revenue of $148.08 million during the quarter. Yatsen had a negative net margin of 3.04% and a negative return on equity of 4.54%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in YSG. Dorsey Wright & Associates bought a new position in shares of Yatsen in the third quarter worth $1,340,000. Perseverance Asset Management International purchased a new position in Yatsen during the fourth quarter worth about $2,062,000. Diversify Advisory Services LLC grew its position in Yatsen by 27.6% during the third quarter. Diversify Advisory Services LLC now owns 45,174 shares of the company’s stock worth $409,000 after buying an additional 9,763 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Yatsen in the 3rd quarter worth about $175,000. Finally, Engineers Gate Manager LP bought a new position in Yatsen in the 2nd quarter worth about $156,000.

About Yatsen

Yatsen Holding Limited (NYSE: YSG) is a Shanghai-based beauty and personal care company founded in 2016. The firm operates as a digital-first cosmetics provider, designing, developing and marketing its own brands to a primarily Chinese consumer base. Since its inception, Yatsen has focused on leveraging data analytics and social media engagement to drive product innovation and brand awareness.

The company’s core portfolio includes Perfect Diary, a color-cosmetics brand offering lipsticks, eyeshadows, foundations and related accessories; Little Ondine, which specializes in nail lacquers and nail care products; Winona, a sensitive-skin skincare line; and Abby’s Choice, which features targeted skincare treatments.