KADENSA CAPITAL Ltd Buys Shares of 1,022,291 So-Young International Inc. Sponsored ADR $SY

KADENSA CAPITAL Ltd bought a new stake in So-Young International Inc. Sponsored ADR (NASDAQ:SY) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 1,022,291 shares of the company’s stock, valued at approximately $3,956,000.

Several other hedge funds have also recently modified their holdings of SY. Schonfeld Strategic Advisors LLC purchased a new position in So-Young International in the 3rd quarter valued at $663,000. Quadrature Capital Ltd purchased a new position in So-Young International during the 3rd quarter worth $1,080,000. HCEP Management Ltd acquired a new stake in shares of So-Young International in the 3rd quarter worth $1,899,000. Dimensional Fund Advisors LP purchased a new stake in shares of So-Young International in the third quarter valued at about $63,000. Finally, IvyRock Asset Management HK Ltd purchased a new stake in shares of So-Young International in the third quarter valued at about $546,000. 35.31% of the stock is owned by institutional investors and hedge funds.

So-Young International Price Performance

SY opened at $3.05 on Monday. So-Young International Inc. Sponsored ADR has a 1-year low of $0.67 and a 1-year high of $6.28. The stock has a market cap of $307.59 million, a P/E ratio of -3.08 and a beta of 2.00. The stock’s 50 day simple moving average is $3.01 and its 200 day simple moving average is $3.25.

Analysts Set New Price Targets

Several research firms recently issued reports on SY. Weiss Ratings reissued a “sell (d)” rating on shares of So-Young International in a report on Monday, December 29th. Wall Street Zen raised So-Young International from a “sell” rating to a “hold” rating in a report on Saturday, December 20th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $5.50.

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.