Yatsen (NYSE:YSG) Stock Price Up 1.2% – Still a Buy?

Shares of Yatsen Holding Limited (NYSE:YSG) were up 1.2% on Tuesday . The company traded as high as $3.31 and last traded at $3.28. Approximately 58,187 shares changed hands during trading, a decline of 29% from the average daily volume of 81,895 shares. The stock had previously closed at $3.24.

Yatsen Stock Up 1.2 %

The company has a market cap of $329.51 million, a PE ratio of -3.01 and a beta of -2.50. The stock has a 50-day moving average of $4.03 and a 200-day moving average of $3.75.

Hedge Funds Weigh In On Yatsen

A number of large investors have recently modified their holdings of the company. XTX Topco Ltd purchased a new position in shares of Yatsen during the third quarter valued at approximately $43,000. PFG Investments LLC bought a new position in Yatsen in the 3rd quarter worth $92,000. Dimensional Fund Advisors LP bought a new stake in shares of Yatsen during the 2nd quarter valued at about $207,000. Finally, Vontobel Holding Ltd. increased its position in shares of Yatsen by 50.9% during the third quarter. Vontobel Holding Ltd. now owns 122,521 shares of the company’s stock valued at $418,000 after buying an additional 41,352 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.