So-Young International (NASDAQ:SY) Shares Down 4.3% – Here’s What Happened

So-Young International Inc. Sponsored ADR (NASDAQ:SY) shares fell 4.3% during mid-day trading on Tuesday . The stock traded as low as $1.53 and last traded at $1.56. Approximately 335,071 shares were traded during mid-day trading, a decline of 32% from the average session volume of 491,810 shares. The stock had previously closed at $1.63.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Weiss Ratings raised So-Young International from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 25th. Wall Street Zen upgraded So-Young International from a “sell” rating to a “hold” rating in a research note on Sunday, April 26th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, So-Young International currently has an average rating of “Sell”.

So-Young International Trading Down 0.6%

The firm has a market cap of $166.62 million, a P/E ratio of -4.56 and a beta of 1.99. The business’s fifty day simple moving average is $2.13 and its 200-day simple moving average is $2.64.

So-Young International (NASDAQ:SY) last posted its quarterly earnings results on Friday, May 22nd. The company reported ($0.07) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.03. The firm had revenue of $62.77 million during 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 Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. HRT Financial LP bought a new stake in shares of So-Young International during the fourth quarter valued at about $32,000. Virtu Financial LLC purchased a new stake in shares of So-Young International in the fourth quarter worth about $33,000. Dimensional Fund Advisors LP bought a new position in shares of So-Young International in the third quarter valued at approximately $63,000. Marshall Wace LLP purchased a new position in So-Young International during the fourth quarter valued at approximately $45,000. Finally, Jane Street Group LLC grew its stake in So-Young International by 264.2% during the first quarter. Jane Street Group LLC now owns 36,419 shares of the company’s stock valued at $30,000 after acquiring an additional 26,419 shares in the last quarter. Institutional investors own 35.31% of the company’s stock.

So-Young International Company Profile

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.