Yatsen (NYSE:YSG) Stock Price Down 4.6% – What’s Next?

Yatsen Holding Limited (NYSE:YSG) shares were down 4.6% during mid-day trading on Thursday . The company traded as low as $5.66 and last traded at $5.63. Approximately 131,469 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 236,759 shares. The stock had previously closed at $5.90.

Yatsen Trading Down 13.3 %

The stock has a fifty day moving average of $3.79 and a two-hundred day moving average of $3.86. The company has a market capitalization of $470.15 million, a PE ratio of -4.29 and a beta of -2.56.

Institutional Investors Weigh In On Yatsen

A number of institutional investors have recently made changes to their positions in YSG. Yiheng Capital Management L.P. purchased a new stake in Yatsen during the fourth quarter valued at about $42,000. Bank of America Corp DE purchased a new stake in Yatsen during the 4th quarter valued at about $42,000. XTX Topco Ltd bought a new position in shares of Yatsen in the third quarter worth approximately $43,000. Marshall Wace LLP purchased a new position in shares of Yatsen in the fourth quarter worth $47,000. Finally, Public Employees Retirement System of Ohio raised its holdings 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 buying an additional 11,878 shares during the last quarter.

Yatsen Company Profile

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.