Yatsen (NYSE:YSG) Trading 5.6% Higher – Here’s Why

Yatsen Holding Limited (NYSE:YSG) shares were up 5.6% during trading on Thursday . The stock traded as high as $5.62 and last traded at $5.69. Approximately 152,050 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 232,568 shares. The stock had previously closed at $5.39.

Yatsen Stock Performance

The business has a 50 day moving average of $3.92 and a two-hundred day moving average of $3.91. The stock has a market capitalization of $508.81 million, a PE ratio of -5.09 and a beta of -2.56.

Institutional Trading of Yatsen

Institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in shares of Yatsen by 43.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 213,830 shares of the company’s stock worth $852,000 after acquiring an additional 64,416 shares in the last quarter. Barclays PLC lifted its holdings in shares of Yatsen by 6.9% during the 4th quarter. Barclays PLC now owns 174,156 shares of the company’s stock valued at $693,000 after purchasing an additional 11,187 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Yatsen in the 4th quarter worth $452,000. Jane Street Group LLC grew its stake in Yatsen by 113.8% during the 4th quarter. Jane Street Group LLC now owns 104,785 shares of the company’s stock worth $417,000 after buying an additional 55,766 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Yatsen during the 4th quarter valued at about $188,000.

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.