Yatsen (NYSE:YSG) Trading Up 5.6% – Should You Buy?

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

Yatsen Trading Up 2.9 %

The company has a market capitalization of $508.81 million, a PE ratio of -5.09 and a beta of -2.56. The firm’s 50-day simple moving average is $3.92 and its 200-day simple moving average is $3.91.

Institutional Inflows and Outflows

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