Yatsen (NYSE:YSG) Shares Down 0.9% – What’s Next?

Shares of Yatsen Holding Limited (NYSE:YSG) were down 0.9% on Monday . The stock traded as low as $3.05 and last traded at $3.15. Approximately 103,353 shares traded hands during trading, a decline of 6% from the average daily volume of 110,136 shares. The stock had previously closed at $3.18.

Yatsen Trading Down 0.9 %

The business has a 50-day moving average price of $4.28 and a two-hundred day moving average price of $3.76. The firm has a market capitalization of $316.45 million, a price-to-earnings ratio of -2.89 and a beta of -2.50.

Institutional Trading of Yatsen

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vontobel Holding Ltd. boosted its position in shares of Yatsen by 50.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 122,521 shares of the company’s stock valued at $418,000 after purchasing an additional 41,352 shares during the period. PFG Investments LLC purchased a new position in shares of Yatsen during the third quarter valued at $92,000. XTX Topco Ltd acquired a new position in Yatsen during the third quarter valued at $43,000. Finally, Dimensional Fund Advisors LP purchased a new stake in Yatsen in the 2nd quarter worth about $207,000.

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.