Stock Traders Buy High Volume of Put Options on Yatsen (NYSE:YSG)

Yatsen Holding Limited Sponsored ADR (NYSE:YSG) was the target of some unusual options trading on Wednesday. Investors bought 2,996 put options on the company. This is an increase of approximately 2,170% compared to the average daily volume of 132 put options.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Yatsen in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Yatsen Price Performance

Shares of Yatsen stock opened at $3.23 on Friday. The business has a 50 day simple moving average of $3.71 and a two-hundred day simple moving average of $5.07. Yatsen has a 12 month low of $2.87 and a 12 month high of $11.57. The stock has a market capitalization of $303.17 million, a P/E ratio of -24.84 and a beta of -1.76.

Yatsen (NYSE:YSG) last announced its earnings results on Saturday, February 14th. The company reported $0.00 EPS for the quarter. Yatsen had a negative return on equity of 2.65% and a negative net margin of 1.87%.The business had revenue of $197.16 million during the quarter. As a group, research analysts anticipate that Yatsen will post -0.32 EPS for the current fiscal year.

Institutional Investors Weigh In On Yatsen

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Persistent Asset Partners Ltd acquired a new stake in shares of Yatsen in the third quarter valued at approximately $45,000. State Street Corp increased its holdings in shares of Yatsen by 6.1% in the fourth quarter. State Street Corp now owns 116,077 shares of the company’s stock valued at $452,000 after purchasing an additional 6,707 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Yatsen by 30.8% in the third quarter. BNP Paribas Financial Markets now owns 29,188 shares of the company’s stock valued at $264,000 after purchasing an additional 6,868 shares during the last quarter. New York State Common Retirement Fund acquired a new stake in shares of Yatsen in the fourth quarter valued at approximately $27,000. Finally, Diversify Wealth Management LLC increased its holdings in shares of Yatsen by 6.1% in the third quarter. Diversify Wealth Management LLC now owns 129,705 shares of the company’s stock valued at $1,175,000 after purchasing an additional 7,421 shares during the last quarter.

Yatsen Company Profile

Yatsen Holding Limited (NYSE: YSG) is a Shanghai-based beauty and personal care company founded in 2016. The firm operates as a digital-first cosmetics provider, designing, developing and marketing its own brands to a primarily Chinese consumer base. Since its inception, Yatsen has focused on leveraging data analytics and social media engagement to drive product innovation and brand awareness.

The company’s core portfolio includes Perfect Diary, a color-cosmetics brand offering lipsticks, eyeshadows, foundations and related accessories; Little Ondine, which specializes in nail lacquers and nail care products; Winona, a sensitive-skin skincare line; and Abby’s Choice, which features targeted skincare treatments.