Yatsen (NYSE:YSG) Hits New 12-Month High – What’s Next?

Yatsen Holding Limited (NYSE:YSG)’s stock price hit a new 52-week high on Friday . The stock traded as high as $5.00 and last traded at $4.98, with a volume of 128919 shares. The stock had previously closed at $4.78.

Yatsen Stock Up 4.4 %

The business’s fifty day moving average is $3.78 and its 200-day moving average is $3.56.

Institutional Investors Weigh In On Yatsen

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

Yatsen Company Profile

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.