So-Young International (NASDAQ:SY) Reaches New 12-Month Low at $9.15


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So-Young International Inc. (NASDAQ:SY)’s stock price hit a new 52-week low on Monday . The company traded as low as $9.15 and last traded at $9.17, with a volume of 3841 shares. The stock had previously closed at $9.59.

A number of analysts have weighed in on SY shares. TheStreet cut So-Young International from a “c-” rating to a “d+” rating in a research report on Thursday. Needham & Company LLC reduced their price target on So-Young International from $16.00 to $14.00 and set a “buy” rating for the company in a research report on Monday, March 29th. Finally, Canaccord Genuity reduced their price target on So-Young International from $16.00 to $14.00 and set a “buy” rating for the company in a research report on Monday, March 29th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $14.00.

The business has a 50 day moving average price of $12.26 and a 200 day moving average price of $12.36. The firm has a market capitalization of $994.12 million, a P/E ratio of 229.75 and a beta of 0.35.

So-Young International (NASDAQ:SY) last released its quarterly earnings data on Sunday, March 21st. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.02. So-Young International had a return on equity of 1.42% and a net margin of 3.07%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Barclays PLC boosted its holdings in So-Young International by 30.1% during the fourth quarter. Barclays PLC now owns 14,700 shares of the company’s stock valued at $163,000 after purchasing an additional 3,400 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of So-Young International by 13,647.1% in the 4th quarter. BlackRock Inc. now owns 212,255 shares of the company’s stock worth $2,358,000 after acquiring an additional 210,711 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of So-Young International in the 3rd quarter worth approximately $395,000. Group One Trading L.P. boosted its holdings in shares of So-Young International by 27.5% in the 4th quarter. Group One Trading L.P. now owns 24,241 shares of the company’s stock worth $269,000 after acquiring an additional 5,231 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of So-Young International in the 4th quarter worth approximately $62,000. 27.42% of the stock is currently owned by institutional investors.

So-Young International Company Profile (NASDAQ:SY)

So-Young International Inc operates an online platform for medical aesthetics and consumption healthcare services focusing on discretionary medical treatments. Its platform enables users to discover content and share their own experience on medical aesthetics procedures, and leads users to reserve treatment services from medical aesthetic service providers for offline treatment in the People's Republic of China and internationally.

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