So-Young International (NASDAQ:SY) Cut to “Sell” at Wall Street Zen

Wall Street Zen cut shares of So-Young International (NASDAQ:SY) from a hold rating to a sell rating in a research report sent to investors on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of So-Young International in a research report on Friday, March 27th. 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, So-Young International currently has a consensus rating of “Hold” and a consensus target price of $5.50.

So-Young International Price Performance

NASDAQ:SY opened at $2.90 on Friday. The company has a market cap of $294.15 million, a P/E ratio of -8.79 and a beta of 2.14. The stock’s fifty day moving average price is $3.01 and its two-hundred day moving average price is $3.07. So-Young International has a 1 year low of $0.74 and a 1 year high of $6.28.

So-Young International (NASDAQ:SY) last issued its quarterly earnings data on Wednesday, March 25th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.55. So-Young International had a negative return on equity of 12.54% and a negative net margin of 15.97%.The company had revenue of $65.85 million for the quarter, compared to the consensus estimate of $442.62 million.

Institutional Investors Weigh In On So-Young International

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC increased its stake in So-Young International by 264.2% in 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 during the last quarter. HRT Financial LP bought a new position in So-Young International in the fourth quarter valued at $32,000. Virtu Financial LLC bought a new position in So-Young International in the fourth quarter valued at $33,000. Marshall Wace LLP bought a new position in So-Young International in the fourth quarter valued at $45,000. Finally, Dimensional Fund Advisors LP bought a new position in So-Young International in the third quarter valued at $63,000. Hedge funds and other 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.