Yatsen (NYSE:YSG) Trading Down 7% – Here’s What Happened

Yatsen Holding Limited Sponsored ADR (NYSE:YSG) fell 7% during trading on Monday . The stock traded as low as $5.77 and last traded at $5.8190. 71,154 shares changed hands during trading, a decline of 78% from the average session volume of 323,433 shares. The stock had previously closed at $6.26.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Yatsen in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Yatsen Price Performance

The stock has a market cap of $540.50 million, a P/E ratio of -8.33 and a beta of -2.11. The firm has a 50 day simple moving average of $7.29 and a 200-day simple moving average of $8.28.

Yatsen (NYSE:YSG) last posted its earnings results on Monday, November 17th. The company reported ($0.10) earnings per share for the quarter. Yatsen had a negative return on equity of 15.36% and a negative net margin of 11.54%.The business had revenue of $140.25 million for the quarter. On average, equities analysts anticipate that Yatsen Holding Limited Sponsored ADR will post -0.32 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE bought a new stake in shares of Yatsen during the fourth quarter worth approximately $42,000. Persistent Asset Partners Ltd acquired a new stake in Yatsen during the 3rd quarter worth approximately $45,000. Jump Financial LLC acquired a new stake in Yatsen during the 1st quarter worth approximately $85,000. Alliance Wealth Advisors LLC UT bought a new stake in Yatsen in the 3rd quarter valued at $92,000. Finally, Walleye Capital LLC acquired a new position in Yatsen in the 1st quarter valued at $103,000.

Yatsen Company Profile

Yatsen Holding Limited, together with its subsidiaries, engages in the development and sale of beauty products under the Perfect Diary, Little Ondine, Pink Bear, Abby’s Choice, GalÃnic, DR.WU, Eve Lom, and EANTiM brands in the People’s Republic of China. The company offers color cosmetics for lips, eyes, and face; skin care products, including face serums and creams, eye creams, masks, toners, makeup removers, cleansers, ampoules, and anti-acne patches; and beauty tools and kits, sunscreen products, and beauty devices.