Yatsen (NYSE:YSG) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Yatsen (NYSE:YSG – Free Report) from a hold rating to a sell rating in a research report report published on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Yatsen in a report on Thursday, August 13th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

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Yatsen Trading Down 2.7%

NYSE:YSG opened at $2.58 on Friday. The firm has a market capitalization of $241.84 million, a P/E ratio of -8.06 and a beta of -1.54. The company has a quick ratio of 2.78, a current ratio of 3.70 and a debt-to-equity ratio of 0.15. The company has a fifty day moving average of $3.17 and a 200 day moving average of $3.22. Yatsen has a 52 week low of $2.15 and a 52 week high of $10.28.

Yatsen (NYSE:YSG – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported ($0.14) earnings per share (EPS) for the quarter. The firm had revenue of $168.12 million during the quarter. Yatsen had a negative return on equity of 7.26% and a negative net margin of 4.63%.

Institutional Trading of Yatsen

Several hedge funds and other institutional investors have recently made changes to their positions in YSG. Dymon Asia Capital Singapore PTE. LTD. increased its position in Yatsen by 15.3% during the 4th quarter. Dymon Asia Capital Singapore PTE. LTD. now owns 77,974 shares of the company’s stock valued at $303,000 after buying an additional 10,346 shares in the last quarter. Hsbc Holdings PLC bought a new stake in Yatsen in the fourth quarter worth $377,000. Perseverance Asset Management International bought a new stake in Yatsen in the fourth quarter worth $2,062,000. Finally, Renaissance Technologies LLC boosted its holdings in Yatsen by 18.2% in the first quarter. Renaissance Technologies LLC now owns 612,593 shares of the company’s stock worth $1,887,000 after acquiring an additional 94,286 shares in the last quarter.

About Yatsen

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Yatsen Holding Limited is a China-based beauty and personal-care company that develops, markets and sells cosmetics and skincare products. Its portfolio includes color cosmetics, skincare, cleansing products and other personal-care items, offered through e-commerce platforms, retail channels and branded stores.

The company is best known for Perfect Diary, a cosmetics brand positioned for younger consumers. Yatsen has also operated or developed additional brands, including Little Ondine, Pink Bear and Abby’s Choice, and has expanded its portfolio through international skincare and beauty brands such as Galénic and Eve Lom.

Founded in 2016, Yatsen primarily serves consumers in China while using digital marketing, online retail and social-commerce channels to reach customers.

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