Yatsen (NYSE:YSG) Sees Large Volume Increase – What’s Next?

Yatsen Holding Limited (NYSE:YSG) saw strong trading volume on Friday . 81,936 shares changed hands during mid-day trading, a decline of 15% from the previous session’s volume of 96,683 shares.The stock last traded at $5.12 and had previously closed at $4.90.

Yatsen Price Performance

The company has a market cap of $525.20 million, a PE ratio of -4.80 and a beta of -2.56. The company has a 50-day moving average price of $3.56 and a two-hundred day moving average price of $3.78.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its holdings in Yatsen by 22.8% in the fourth quarter. BNP Paribas Financial Markets now owns 18,494 shares of the company’s stock valued at $74,000 after purchasing an additional 3,435 shares during the last quarter. Yiheng Capital Management L.P. purchased a new position in Yatsen in the fourth quarter valued at about $42,000. Bank of America Corp DE purchased a new position in Yatsen in the fourth quarter valued at about $42,000. Barclays PLC boosted its holdings in Yatsen by 6.9% in the fourth quarter. Barclays PLC now owns 174,156 shares of the company’s stock valued at $693,000 after purchasing an additional 11,187 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in Yatsen in the fourth quarter valued at about $47,000.

About Yatsen

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.