Yatsen (NYSE:YSG) Stock Lifted to Hold by Wall Street Zen

Wall Street Zen upgraded shares of Yatsen (NYSE:YSG) from a sell rating to a hold rating in a report published on Saturday,Wall Street Zen reports.

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

Yatsen Trading Down 2.1%

Shares of NYSE:YSG opened at $2.59 on Friday. The business’s 50 day simple moving average is $2.77 and its 200 day simple moving average is $3.01. Yatsen has a 1 year low of $2.15 and a 1 year high of $8.87. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.70 and a quick ratio of 2.78. The company has a market capitalization of $243.32 million, a P/E ratio of -8.11 and a beta of -1.71.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Yatsen stock. Renaissance Technologies LLC lifted its position in shares of Yatsen Holding Limited Sponsored ADR (NYSE:YSG) by 18.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 612,593 shares of the company’s stock after acquiring an additional 94,286 shares during the quarter. Renaissance Technologies LLC owned approximately 0.65% of Yatsen worth $1,887,000 at the end of the most recent reporting period.

Yatsen Company Profile

Yatsen Holding Limited is a China-based beauty and personal-care company known for developing, marketing and selling cosmetics and skincare products. Its portfolio has included makeup, facial care, body care and other beauty products offered through online retail platforms, direct-to-consumer channels and selected offline retailers.

The company’s best-known brand is Perfect Diary, a cosmetics label designed for Chinese consumers and marketed through digital and social-commerce channels.