Yatsen (NYSE:YSG) Stock Price Up 15.6% – What’s Next?

Yatsen Holding Limited (NYSE:YSG)’s stock price traded up 15.6% during trading on Thursday . The company traded as high as $4.80 and last traded at $4.98. 121,098 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 243,569 shares. The stock had previously closed at $4.31.

Yatsen Price Performance

The company has a 50-day moving average of $3.56 and a 200 day moving average of $3.78. The company has a market cap of $525.20 million, a PE ratio of -4.80 and a beta of -2.56.

Institutional Trading of Yatsen

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Yiheng Capital Management L.P. bought a new position in Yatsen during the fourth quarter valued at $42,000. Bank of America Corp DE bought a new position in Yatsen during the 4th quarter valued at about $42,000. XTX Topco Ltd purchased a new stake in Yatsen in the 3rd quarter worth about $43,000. Marshall Wace LLP bought a new stake in Yatsen in the fourth quarter worth about $47,000. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Yatsen by 1,446.8% during the fourth 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 period.

About Yatsen

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.