So-Young International (NASDAQ:SY) Upgraded by Wall Street Zen to Hold Rating

So-Young International (NASDAQ:SY) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of So-Young International in a research note on Monday. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $5.50.

So-Young International Trading Up 2.1%

Shares of SY stock opened at $2.88 on Friday. So-Young International has a 12 month low of $0.67 and a 12 month high of $6.28. The stock has a market cap of $290.45 million, a P/E ratio of -2.91 and a beta of 1.98. The company has a 50 day simple moving average of $3.23 and a two-hundred day simple moving average of $5.70.

So-Young International (NASDAQ:SY) last posted its quarterly earnings data on Monday, November 17th. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.33) by $0.24. The firm had revenue of $54.30 million during the quarter, compared to analyst estimates of $386.64 million. So-Young International had a negative return on equity of 10.07% and a negative net margin of 51.26%.

Institutional Investors Weigh In On So-Young International

Institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP purchased a new position in shares of So-Young International in the third quarter worth $63,000. Jane Street Group LLC lifted its stake in So-Young International by 264.2% in the 1st quarter. Jane Street Group LLC now owns 36,419 shares of the company’s stock worth $30,000 after purchasing an additional 26,419 shares in the last quarter. Millennium Management LLC bought a new position in shares of So-Young International during the 3rd quarter valued at about $123,000. XTX Topco Ltd purchased a new position in shares of So-Young International during the second quarter valued at about $113,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of So-Young International in the third quarter worth about $145,000. 35.31% of the stock is owned by hedge funds and other institutional investors.

About So-Young International

So-Young International Inc operates a leading digital marketplace and community platform focused on the medical aesthetic industry in China. Headquartered in Shanghai and founded in 2013, the company connects consumers seeking cosmetic treatments with a network of accredited clinics, licensed physicians and beauty service providers. Its online ecosystem offers a wealth of educational content, peer reviews and before-and-after galleries designed to help users make informed decisions about aesthetic procedures.

The company’s platform is accessible via web and mobile applications, where users can browse service packages, compare providers, read expert articles and schedule appointments directly through an integrated booking system.