So-Young International (NASDAQ:SY) Shares Down 5.6% – What’s Next?

So-Young International Inc. Sponsored ADR (NASDAQ:SY)’s stock price traded down 5.6% on Friday . The stock traded as low as $1.85 and last traded at $1.86. 744,065 shares were traded during trading, a decline of 19% from the average session volume of 921,234 shares. The stock had previously closed at $1.97.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Weiss Ratings cut So-Young International from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday. Wall Street Zen upgraded So-Young International from a “sell” rating to a “hold” rating in a report on Sunday, April 26th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, So-Young International has a consensus rating of “Hold” and an average price target of $5.50.

So-Young International Stock Performance

The stock has a market cap of $188.98 million, a price-to-earnings ratio of -5.17 and a beta of 1.95. The company has a 50-day simple moving average of $2.57 and a two-hundred day simple moving average of $2.83.

So-Young International (NASDAQ:SY) last posted its quarterly earnings results on Friday, May 22nd. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.03. The firm had revenue of $62.77 million for the quarter, compared to analyst estimates of $60.20 million. So-Young International had a negative return on equity of 13.95% and a negative net margin of 15.59%.

Institutional Trading of So-Young International

A number of hedge funds have recently made changes to their positions in SY. Jane Street Group LLC boosted its stake in shares of So-Young International by 264.2% during the 1st quarter. Jane Street Group LLC now owns 36,419 shares of the company’s stock worth $30,000 after acquiring an additional 26,419 shares during the period. HRT Financial LP acquired a new position in shares of So-Young International during the 4th quarter worth approximately $32,000. Virtu Financial LLC acquired a new position in shares of So-Young International during the 4th quarter worth approximately $33,000. Marshall Wace LLP acquired a new position in shares of So-Young International during the 4th quarter worth approximately $45,000. Finally, Dimensional Fund Advisors LP acquired a new stake in So-Young International during the 3rd quarter valued at $63,000. 35.31% of the stock is owned by institutional investors and hedge funds.

About So-Young International

So-Young International Inc operates a leading digital marketplace and community platform focused on the medical aesthetic industry in China. Headquartered in Shanghai and founded in 2013, the company connects consumers seeking cosmetic treatments with a network of accredited clinics, licensed physicians and beauty service providers. Its online ecosystem offers a wealth of educational content, peer reviews and before-and-after galleries designed to help users make informed decisions about aesthetic procedures.

The company’s platform is accessible via web and mobile applications, where users can browse service packages, compare providers, read expert articles and schedule appointments directly through an integrated booking system.