Yatsen (NYSE:YSG) Downgraded by Wall Street Zen to Sell

Wall Street Zen cut shares of Yatsen (NYSE:YSG) from a hold rating to a sell rating in a research report report published on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Yatsen in a research report on Thursday, August 13th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Yatsen Price Performance

YSG stock opened at $2.65 on Friday. The stock has a market capitalization of $249.07 million, a price-to-earnings ratio of -8.30 and a beta of -1.54. Yatsen has a 12-month low of $2.15 and a 12-month high of $10.59. The firm’s 50-day moving average price is $3.19 and its two-hundred day moving average price is $3.24. The company has a current ratio of 3.70, a quick ratio of 2.78 and a debt-to-equity ratio of 0.15.

Yatsen (NYSE:YSG) last announced its earnings results on Friday, August 14th. The company reported ($0.14) EPS for the quarter. Yatsen had a negative net margin of 4.63% and a negative return on equity of 7.26%. The business had revenue of $168.12 million for the quarter.

Institutional Investors Weigh In On Yatsen

Institutional investors have recently modified their holdings of the stock. New York State Common Retirement Fund bought a new stake in shares of Yatsen during the 4th quarter worth approximately $27,000. Persistent Asset Partners Ltd lifted its stake in shares of Yatsen by 106.6% during the 4th quarter. Persistent Asset Partners Ltd now owns 10,332 shares of the company’s stock worth $40,000 after purchasing an additional 5,332 shares during the last quarter. Bank of America Corp DE purchased a new stake in shares of Yatsen during the fourth quarter valued at about $42,000. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Yatsen in the 4th quarter worth approximately $47,000. Finally, Virtu Financial LLC purchased a new position in Yatsen in the fourth quarter worth $48,000.

Yatsen Company Profile

Yatsen Holding Limited (NYSE: YSG) is a Shanghai-based beauty and personal care company founded in 2016. The firm operates as a digital-first cosmetics provider, designing, developing and marketing its own brands to a primarily Chinese consumer base. Since its inception, Yatsen has focused on leveraging data analytics and social media engagement to drive product innovation and brand awareness.

The company’s core portfolio includes Perfect Diary, a color-cosmetics brand offering lipsticks, eyeshadows, foundations and related accessories; Little Ondine, which specializes in nail lacquers and nail care products; Winona, a sensitive-skin skincare line; and Abby’s Choice, which features targeted skincare treatments.