Yatsen (NYSE:YSG) Stock Falls 0.7% – Here’s Why

Yatsen Holding Limited Sponsored ADR (NYSE:YSG) traded down 0.7% during mid-day trading on Monday. The stock traded as low as $2.51 and last traded at $2.5620. Approximately 34,131 shares traded hands during trading, a decline of 61% from the average session volume of 88,561 shares. The stock had previously closed at $2.58.

Wall Street Analyst Weigh In

A number of brokerages have commented on YSG. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Yatsen in a report on Thursday, August 13th. Wall Street Zen cut shares of Yatsen from a “hold” rating to a “sell” rating in a research note on Saturday, September 12th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, Yatsen currently has an average rating of “Sell”.

Yatsen Stock Up 2.8%

The company’s fifty day moving average is $2.81 and its 200-day moving average is $3.02. The company has a market capitalization of $233.37 million, a PE ratio of -7.77 and a beta of -1.71. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.78 and a current ratio of 3.70.

Yatsen (NYSE:YSG) last released its earnings results on Friday, August 14th. The company reported ($0.14) EPS for the quarter. Yatsen had a negative return on equity of 7.26% and a negative net margin of 4.63%. The firm had revenue of $168.12 million for the quarter.

Institutional Trading of Yatsen

A hedge fund recently raised its position in Yatsen stock. Renaissance Technologies LLC lifted its position in shares of Yatsen Holding Limited Sponsored ADR (NYSE:YSG) by 18.2% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 612,593 shares of the company’s stock after buying an additional 94,286 shares during the quarter. Renaissance Technologies LLC owned approximately 0.65% of Yatsen worth $1,887,000 at the end of the most recent quarter.

Yatsen Company Profile

Yatsen Holding Limited is a China-based beauty and personal-care company known for developing, marketing and selling cosmetics and skincare products. Its portfolio has included makeup, facial care, body care and other beauty products offered through online retail platforms, direct-to-consumer channels and selected offline retailers.

The company’s best-known brand is Perfect Diary, a cosmetics label designed for Chinese consumers and marketed through digital and social-commerce channels.