Yatsen (NYSE:YSG) Stock Rating Upgraded by Wall Street Zen

Yatsen (NYSE:YSG) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Yatsen in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, Yatsen has an average rating of “Sell”.

Yatsen Price Performance

YSG stock opened at $2.59 on Friday. The company has a quick ratio of 2.78, a current ratio of 3.70 and a debt-to-equity ratio of 0.15. Yatsen has a 52-week low of $2.15 and a 52-week high of $8.87. The stock’s 50 day moving average is $2.77 and its two-hundred day moving average is $3.02. The company has a market capitalization of $243.32 million, a PE ratio of -8.11 and a beta of -1.71.

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

Hedge Funds Weigh In On Yatsen

A hedge fund recently raised its stake in Yatsen stock. Renaissance Technologies LLC boosted its position in Yatsen Holding Limited Sponsored ADR (NYSE:YSG) by 18.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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.