Yatsen (NYSE:YSG) Stock Price Up 6.5%

Yatsen Holding Limited (NYSE:YSG)’s share price rose 6.5% during mid-day trading on Friday . The company traded as high as $4.80 and last traded at $4.76. Approximately 105,059 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 336,696 shares. The stock had previously closed at $4.47.

Yatsen Price Performance

The company has a market cap of $521.32 million, a P/E ratio of -4.76 and a beta of -2.19. The stock’s 50-day moving average price is $2.81 and its 200-day moving average price is $3.53.

Yatsen (NYSE:YSG) last issued its earnings results on Wednesday, March 6th. The company reported ($0.20) EPS for the quarter. The business had revenue of $151.09 million for the quarter. Yatsen had a negative return on equity of 7.97% and a negative net margin of 21.70%. As a group, analysts expect that Yatsen Holding Limited will post -0.01 EPS for the current fiscal year.

Institutional Trading of Yatsen

Several hedge funds and other institutional investors have recently made changes to their positions in YSG. California Public Employees Retirement System grew its holdings in shares of Yatsen by 14.2% during the fourth quarter. California Public Employees Retirement System now owns 511,730 shares of the company’s stock worth $374,000 after purchasing an additional 63,646 shares during the last quarter. Helios Capital Management PTE. Ltd. bought a new stake in shares of Yatsen during the fourth quarter worth about $732,000. Finally, Lansdowne Partners UK LLP bought a new stake in shares of Yatsen during the third quarter worth about $1,217,000.

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, colored contact lenses, and beauty devices.