So-Young International (NASDAQ:SY) Shares Up 9.9%

So-Young International Inc – (NASDAQ:SY)’s share price shot up 9.9% on Monday . The company traded as high as $10.63 and last traded at $10.50, 692,565 shares traded hands during mid-day trading. An increase of 47% from the average session volume of 472,392 shares. The stock had previously closed at $9.55.

Separately, CLSA began coverage on So-Young International in a report on Monday, August 5th. They issued a “buy” rating on the stock. Five analysts have rated the stock with a buy rating, So-Young International presently has a consensus rating of “Buy” and a consensus price target of $19.17.

The company has a debt-to-equity ratio of 0.06, a current ratio of 6.76 and a quick ratio of 6.76. The business’s fifty day simple moving average is $9.75.

So-Young International (NASDAQ:SY) last issued its earnings results on Thursday, August 29th. The company reported $0.03 earnings per share for the quarter. The firm had revenue of $41.51 million during the quarter.

Institutional investors and hedge funds have recently modified their holdings of the business. NumerixS Investment Technologies Inc acquired a new position in shares of So-Young International during the second quarter worth about $65,000. Morgan Stanley purchased a new stake in shares of So-Young International during the second quarter worth about $89,000. Jane Street Group LLC purchased a new stake in shares of So-Young International during the second quarter worth about $144,000. GSA Capital Partners LLP purchased a new stake in shares of So-Young International during the second quarter worth about $385,000. Finally, Citadel Advisors LLC purchased a new stake in shares of So-Young International during the second quarter worth about $628,000. Institutional investors own 20.51% of the company’s stock.

So-Young International Company Profile (NASDAQ:SY)

So-Young International Inc operates an online platform for discovering, evaluating, and reserving medical aesthetic services. The company facilitates research for treatments, read reviews about them, and book appointments on the platform and blog under the name Beauty Diaries. Its platform enables users to discover content and share their own experience on medical aesthetics procedures, and leads users to reserve treatment services from medical aesthetic service providers for offline treatment in China and internationally.

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