So-Young International (NASDAQ:SY) Trading Down 5.6% – Time to Sell?

So-Young International Inc. Sponsored ADR (NASDAQ:SY)’s share price fell 5.6% on Friday . The company traded as low as $1.85 and last traded at $1.86. 744,065 shares were traded during mid-day trading, a decline of 19% from the average session volume of 921,234 shares. The stock had previously closed at $1.97.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SY. Weiss Ratings lowered shares of So-Young International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, June 8th. Wall Street Zen raised shares of So-Young International from a “sell” rating to a “hold” rating in a research report on Sunday, April 26th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $5.50.

So-Young International Price Performance

The firm has a market capitalization of $188.98 million, a PE ratio of -5.17 and a beta of 1.95. The stock’s 50-day moving average price is $2.57 and its 200 day moving average price is $2.83.

So-Young International (NASDAQ:SY) last issued its 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 business had revenue of $62.77 million for the quarter, compared to analyst estimates of $60.20 million. So-Young International had a negative net margin of 15.59% and a negative return on equity of 13.95%.

Hedge Funds Weigh In On So-Young International

A number of institutional investors have recently modified their holdings of SY. KADENSA CAPITAL Ltd purchased a new position in shares of So-Young International during the third quarter worth approximately $3,956,000. Citigroup Inc. increased its position in shares of So-Young International by 1,301.9% during the third quarter. Citigroup Inc. now owns 675,121 shares of the company’s stock worth $2,613,000 after acquiring an additional 626,963 shares during the period. Barclays PLC boosted its stake in shares of So-Young International by 124.3% during the fourth quarter. Barclays PLC now owns 1,116,336 shares of the company’s stock valued at $2,858,000 after purchasing an additional 618,709 shares in the last quarter. HCEP Management Ltd bought a new position in shares of So-Young International during the third quarter valued at approximately $1,899,000. Finally, Nomura Holdings Inc. bought a new position in shares of So-Young International during the third quarter valued at approximately $1,265,000. 35.31% of the stock is owned by hedge funds and other institutional investors.

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.