Yatsen (NYSE:YSG) Sees Large Volume Increase – What’s Next?

Yatsen Holding Limited (NYSE:YSG) shares saw unusually-high trading volume on Friday . Approximately 81,936 shares traded hands during trading, a decline of 15% from the previous session’s volume of 96,683 shares.The stock last traded at $5.12 and had previously closed at $4.90.

Yatsen Stock Up 6.7 %

The company has a market capitalization of $525.20 million, a price-to-earnings ratio of -4.80 and a beta of -2.56. The company has a 50 day simple moving average of $3.56 and a 200 day simple moving average of $3.78.

Institutional Investors Weigh In On Yatsen

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio boosted its position in shares of Yatsen by 1,446.8% in the fourth quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company’s stock worth $51,000 after buying an additional 11,878 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of Yatsen in the fourth quarter worth about $169,000. Bank of America Corp DE purchased a new stake in shares of Yatsen in the fourth quarter worth about $42,000. BNP Paribas Financial Markets boosted its position in shares of Yatsen by 22.8% in the fourth quarter. BNP Paribas Financial Markets now owns 18,494 shares of the company’s stock worth $74,000 after buying an additional 3,435 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Yatsen by 113.8% in the fourth 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 period.

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.