Yatsen (NYSE:YSG) Trading Up 5.6% - Still a Buy?

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

Yatsen Trading Down 3.7 %

The firm has a market cap of $442.01 million, a PE ratio of -4.42 and a beta of -2.56. The firm has a fifty day simple moving average of $4.01 and a two-hundred day simple moving average of $3.94.

Institutional Trading of Yatsen

Several large investors have recently added to or reduced their stakes in YSG. Yiheng Capital Management L.P. purchased a new stake in shares of Yatsen in the 4th quarter worth about $42,000. Bank of America Corp DE bought a new position in Yatsen in the fourth quarter worth about $42,000. Marshall Wace LLP purchased a new stake in Yatsen in the fourth quarter worth about $47,000. Public Employees Retirement System of Ohio boosted its position in 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. Finally, XTX Topco Ltd purchased a new position in shares of Yatsen during the 3rd quarter worth approximately $43,000.

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.