Yatsen (NYSE:YSG) Stock Price Up 5.6% – Here’s What Happened

Yatsen Holding Limited (NYSE:YSG) shot up 5.6% during mid-day trading on Thursday . The stock traded as high as $5.62 and last traded at $5.69. 152,050 shares changed 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 8.9 %

The company has a market cap of $460.64 million, a price-to-earnings ratio of -4.61 and a beta of -2.56. The firm has a 50-day moving average price of $4.01 and a 200 day moving average price of $3.93.

Institutional Trading of Yatsen

Several institutional investors have recently added to or reduced their stakes in YSG. Public Employees Retirement System of Ohio boosted its holdings in shares of Yatsen by 1,446.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company’s stock valued at $51,000 after buying an additional 11,878 shares during the period. Cubist Systematic Strategies LLC acquired a new position in Yatsen in the fourth quarter valued at approximately $169,000. Bank of America Corp DE acquired a new position in Yatsen in the fourth quarter valued at approximately $42,000. BNP Paribas Financial Markets grew its holdings in shares of Yatsen by 22.8% during the fourth quarter. BNP Paribas Financial Markets now owns 18,494 shares of the company’s stock valued at $74,000 after purchasing an additional 3,435 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of Yatsen by 113.8% during the 4th quarter. Jane Street Group LLC now owns 104,785 shares of the company’s stock worth $417,000 after purchasing an additional 55,766 shares during the period.

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.