Yatsen (NYSE:YSG) Reaches New 52-Week Low at $1.71

Shares of Yatsen Holding Limited (NYSE:YSG) hit a new 52-week low on Friday . The company traded as low as $1.71 and last traded at $1.71, with a volume of 39385 shares. The stock had previously closed at $1.73.

Separately, Zacks Investment Research raised Yatsen from a “hold” rating to a “buy” rating and set a $2.50 target price on the stock in a research report on Tuesday, January 4th.

The stock has a 50-day moving average of $2.35 and a 200 day moving average of $4.66. The stock has a market cap of $758.06 million, a PE ratio of -1.94 and a beta of -1.39.

Yatsen (NYSE:YSG) last released its quarterly earnings data on Wednesday, November 17th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.23). Yatsen had a negative net margin of 41.35% and a negative return on equity of 35.40%. On average, equities analysts predict that Yatsen Holding Limited will post -0.36 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in YSG. Oasis Management Co Ltd. boosted its stake in shares of Yatsen by 2.9% in the second quarter. Oasis Management Co Ltd. now owns 175,000 shares of the company’s stock worth $1,640,000 after buying an additional 5,000 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Yatsen by 422.4% in the second quarter. Royal Bank of Canada now owns 6,493 shares of the company’s stock worth $60,000 after buying an additional 5,250 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Yatsen by 71.0% in the third quarter. Citigroup Inc. now owns 15,951 shares of the company’s stock worth $61,000 after buying an additional 6,621 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in shares of Yatsen in the second quarter worth about $113,000. Finally, Laurion Capital Management LP boosted its stake in shares of Yatsen by 97.4% in the second quarter. Laurion Capital Management LP now owns 29,611 shares of the company’s stock worth $277,000 after buying an additional 14,611 shares during the last quarter. Institutional investors and hedge funds own 24.39% of the company’s stock.

About Yatsen (NYSE:YSG)

Yatsen Holding Limited engages in the development and sale of beauty products under the brands of Perfect Diary, Little Ondine, and Abby's Choice in the People's Republic of China. The company offers color cosmetics, eye makeup, lip makeup, face makeup, skincare, and nail products; makeup tools and accessories, including brush sets, cotton cosmetic pads, mirrors, and makeup sponges; kits; and other products, such as perfumes and cross-over products, including beauty devices and colored contact lenses.

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