Yatsen (NYSE:YSG) Trading Up 5.9% – Here’s What Happened

Shares of Yatsen Holding Limited (NYSE:YSGGet Free Report) shot up 5.9% on Wednesday . The stock traded as high as $5.89 and last traded at $5.93. 122,805 shares traded hands during trading, a decline of 7% from the average session volume of 132,290 shares. The stock had previously closed at $5.60.

Yatsen Price Performance

The stock has a market capitalization of $584.17 million, a price-to-earnings ratio of -5.33 and a beta of -2.56. The business has a 50 day simple moving average of $3.65 and a 200-day simple moving average of $3.82.

Institutional Trading of Yatsen

A number of large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its holdings 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 valued at $74,000 after buying an additional 3,435 shares during the period. Yiheng Capital Management L.P. bought a new position in Yatsen during the 4th quarter worth about $42,000. Bank of America Corp DE bought a new stake in shares of Yatsen in the fourth quarter valued at about $42,000. Barclays PLC grew its holdings in shares of Yatsen by 6.9% during the fourth quarter. Barclays PLC now owns 174,156 shares of the company’s stock worth $693,000 after buying an additional 11,187 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Yatsen during the fourth quarter worth about $47,000.

Yatsen Company Profile

(Get Free Report)

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.

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