Yatsen Holding Limited (NYSE:YSG – Get Free Report)’s stock price shot up 5.9% during trading on Wednesday . The company traded as high as $5.89 and last traded at $5.93. 122,805 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 132,290 shares. The stock had previously closed at $5.60.
Yatsen Price Performance
The stock’s 50 day moving average price is $3.75 and its two-hundred day moving average price is $3.85. The firm has a market capitalization of $543.99 million, a price-to-earnings ratio of -4.97 and a beta of -2.56.
Institutional Investors Weigh In On Yatsen
A number of hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio boosted its stake in Yatsen by 1,446.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company’s stock valued at $51,000 after purchasing an additional 11,878 shares during the period. Cubist Systematic Strategies LLC bought a new stake in shares of Yatsen in the fourth quarter valued at approximately $169,000. Bank of America Corp DE acquired a new stake in shares of Yatsen in the fourth quarter worth $42,000. BNP Paribas Financial Markets increased its position in Yatsen by 22.8% during the fourth quarter. BNP Paribas Financial Markets now owns 18,494 shares of the company’s stock worth $74,000 after acquiring an additional 3,435 shares during the period. Finally, Jane Street Group LLC increased its position in Yatsen by 113.8% during the fourth quarter. Jane Street Group LLC now owns 104,785 shares of the company’s stock worth $417,000 after acquiring an additional 55,766 shares during the period.
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.
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