Yatsen (NYSE:YSG) Stock Price Down 1.9% – Time to Sell?

Yatsen Holding Limited Sponsored ADR (NYSE:YSG) traded down 1.9% on Wednesday . The company traded as low as $3.29 and last traded at $3.3640. Approximately 70,885 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 89,664 shares. The stock had previously closed at $3.43.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Yatsen from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, May 18th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Yatsen Price Performance

The firm has a market cap of $323.16 million, a price-to-earnings ratio of -16.40 and a beta of -1.57. The stock’s fifty day moving average price is $3.29 and its 200-day moving average price is $3.49.

Yatsen (NYSE:YSG) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.00) EPS for the quarter. Yatsen had a negative net margin of 3.04% and a negative return on equity of 4.54%. The firm had revenue of $148.08 million during the quarter.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. New York State Common Retirement Fund purchased a new stake in Yatsen in the 4th quarter worth about $27,000. Persistent Asset Partners Ltd grew its stake in Yatsen by 106.6% during the 4th quarter. Persistent Asset Partners Ltd now owns 10,332 shares of the company’s stock valued at $40,000 after acquiring an additional 5,332 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of Yatsen in the 4th quarter valued at about $42,000. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of Yatsen in the 4th quarter valued at about $47,000. Finally, Virtu Financial LLC purchased a new stake in shares of Yatsen in the fourth quarter worth approximately $48,000.

About Yatsen

Yatsen Holding Limited (NYSE: YSG) is a Shanghai-based beauty and personal care company founded in 2016. The firm operates as a digital-first cosmetics provider, designing, developing and marketing its own brands to a primarily Chinese consumer base. Since its inception, Yatsen has focused on leveraging data analytics and social media engagement to drive product innovation and brand awareness.

The company’s core portfolio includes Perfect Diary, a color-cosmetics brand offering lipsticks, eyeshadows, foundations and related accessories; Little Ondine, which specializes in nail lacquers and nail care products; Winona, a sensitive-skin skincare line; and Abby’s Choice, which features targeted skincare treatments.