Yatsen (NYSE:YSG) Shares Up 1.1% – Time to Buy?

Yatsen Holding Limited (NYSE:YSG)’s share price traded up 1.1% during mid-day trading on Friday . The stock traded as high as $4.68 and last traded at $4.51. 360,199 shares were traded during trading, an increase of 31% from the average session volume of 274,950 shares. The stock had previously closed at $4.46.

Yatsen Stock Performance

The company has a market capitalization of $457.90 million, a P/E ratio of -4.14 and a beta of -2.82. The stock has a 50 day moving average price of $3.66 and a 200 day moving average price of $3.56.

Yatsen (NYSE:YSG) last released its earnings results on Tuesday, August 20th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.17). Yatsen had a negative net margin of 26.62% and a negative return on equity of 12.48%. The company had revenue of $109.33 million during the quarter. During the same quarter last year, the firm posted ($0.15) EPS. As a group, sell-side analysts expect that Yatsen Holding Limited will post -0.32 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in YSG. Acadian Asset Management LLC purchased a new position in Yatsen in the 1st quarter valued at approximately $189,000. Dimensional Fund Advisors LP purchased a new position in shares of Yatsen in the second quarter valued at $207,000. Vontobel Holding Ltd. lifted its holdings in Yatsen by 50.9% during the 3rd quarter. Vontobel Holding Ltd. now owns 122,521 shares of the company’s stock worth $418,000 after purchasing an additional 41,352 shares in the last quarter. PFG Investments LLC bought a new position in Yatsen in the 3rd quarter worth about $92,000. Finally, XTX Topco Ltd purchased a new position in Yatsen during the 3rd quarter valued at about $43,000.

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.