So-Young International (NASDAQ:SY) Stock Rating Reaffirmed by Citigroup

So-Young International (NASDAQ:SY)‘s stock had its “neutral” rating reiterated by investment analysts at Citigroup in a report released on Monday, MarketBeat reports. They currently have a $0.80 price target on the stock, down from their prior price target of $1.50. Citigroup’s target price points to a potential upside of 6.13% from the stock’s previous close.

So-Young International Stock Up 2.1 %

SY stock opened at $0.75 on Monday. The stock has a market capitalization of $78.04 million, a price-to-earnings ratio of 37.69 and a beta of 0.90. So-Young International has a 52-week low of $0.69 and a 52-week high of $1.52. The stock’s fifty day simple moving average is $0.87 and its 200-day simple moving average is $1.04.

So-Young International (NASDAQ:SY) last released its earnings results on Friday, August 23rd. The company reported $0.02 EPS for the quarter. The firm had revenue of $56.06 million during the quarter. So-Young International had a return on equity of 1.32% and a net margin of 2.23%.

Hedge Funds Weigh In On So-Young International

An institutional investor recently bought a new position in So-Young International stock. Superstring Capital Management LP purchased a new position in shares of So-Young International Inc. (NASDAQ:SY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 796,059 shares of the company’s stock, valued at approximately $1,003,000. So-Young International comprises about 0.7% of Superstring Capital Management LP’s portfolio, making the stock its 24th biggest position. Superstring Capital Management LP owned about 0.75% of So-Young International at the end of the most recent quarter. Institutional investors own 35.31% of the company’s stock.

So-Young International Company Profile

So-Young International Inc operates an online platform for consumption healthcare services in the People's Republic of China. The company offers So-Young Mobile App that offers users medical aesthetic knowledge and experience to reach an informed medical aesthetic treatment decision and make reservations for treatment with medical professionals and medical aesthetic institutions; So-Young Beauty which provides similar interfaces and functions as the mobile app, as well as serves as additional access points to the platform; and medical aesthetic community content through its website soyoung.com.