Yatsen (NYSE:YSG) Stock Price Down 2.6% – Here’s Why

Yatsen Holding Limited Sponsored ADR (NYSE:YSG)’s share price dropped 2.6% during mid-day trading on Monday . The company traded as low as $4.09 and last traded at $4.15. Approximately 61,869 shares were traded during trading, a decline of 52% from the average daily volume of 127,735 shares. The stock had previously closed at $4.26.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Yatsen in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Yatsen Stock Performance

The stock has a 50-day moving average of $4.82 and a two-hundred day moving average of $7.34. The company has a market cap of $390.10 million, a P/E ratio of -6.01 and a beta of -2.08.

Yatsen (NYSE:YSG) last announced its quarterly earnings data on Monday, November 17th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $140.25 million during the quarter. Yatsen had a negative net margin of 11.54% and a negative return on equity of 15.36%. As a group, sell-side analysts forecast that Yatsen Holding Limited Sponsored ADR will post -0.32 EPS for the current fiscal year.

Institutional Investors Weigh In On Yatsen

Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of Yatsen by 46,015.7% during the third quarter. Bank of America Corp DE now owns 1,754,241 shares of the company’s stock valued at $15,893,000 after purchasing an additional 1,750,437 shares during the period. Arrowstreet Capital Limited Partnership increased its position in shares of Yatsen by 116.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 546,799 shares of the company’s stock valued at $4,954,000 after acquiring an additional 294,437 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Yatsen in the second quarter valued at about $2,241,000. Envestnet Asset Management Inc. bought a new position in shares of Yatsen during the third quarter valued at about $1,805,000. Finally, Dorsey Wright & Associates purchased a new stake in shares of Yatsen during the third quarter worth about $1,340,000.

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.