Yatsen (NYSE:YSG) Hits New 12-Month High – Should You Buy?

Yatsen Holding Limited (NYSE:YSG) shares hit a new 52-week high during trading on Saturday . The company traded as high as $5.26 and last traded at $5.23, with a volume of 333562 shares trading hands. The stock had previously closed at $4.90.

Yatsen Stock Performance

The firm has a fifty day simple moving average of $3.56 and a 200-day simple moving average of $3.79. The company has a market capitalization of $525.20 million, a PE ratio of -4.80 and a beta of -2.56.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Yiheng Capital Management L.P. bought a new position in shares of Yatsen during the fourth quarter worth about $42,000. Bank of America Corp DE bought a new position in Yatsen during the 4th quarter worth approximately $42,000. XTX Topco Ltd acquired a new position in shares of Yatsen in the 3rd quarter worth approximately $43,000. Marshall Wace LLP bought a new stake in shares of Yatsen in the 4th quarter valued at approximately $47,000. Finally, Public Employees Retirement System of Ohio raised its position in shares of 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 acquiring an additional 11,878 shares in 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.