So-Young International (NASDAQ:SY) Shares Down 5.6% – What’s Next?

Shares of So-Young International Inc. Sponsored ADR (NASDAQ:SY) traded down 5.6% during trading on Friday . The stock traded as low as $1.85 and last traded at $1.86. 744,065 shares traded hands 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.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Wall Street Zen raised So-Young International from a “sell” rating to a “hold” rating in a research report on Sunday, April 26th. Weiss Ratings cut So-Young International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, So-Young International currently has an average rating of “Hold” and an average target price of $5.50.

So-Young International Stock Down 5.6%

The company has a market capitalization of $188.98 million, a P/E ratio of -5.17 and a beta of 1.95. The stock has a fifty day simple moving average of $2.57 and a 200-day simple moving average of $2.83.

So-Young International (NASDAQ:SY) last issued its quarterly earnings data on Friday, May 22nd. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.03. So-Young International had a negative return on equity of 13.95% and a negative net margin of 15.59%.The company had revenue of $62.77 million during the quarter, compared to analysts’ expectations of $60.20 million.

Institutional Trading of So-Young International

A number of hedge funds and other institutional investors have recently made changes to their positions in SY. HRT Financial LP bought a new position in So-Young International during the fourth quarter worth about $32,000. Virtu Financial LLC bought a new position in shares of So-Young International during the 4th quarter valued at about $33,000. Dimensional Fund Advisors LP bought a new position in shares of So-Young International during the 3rd quarter valued at about $63,000. Marshall Wace LLP bought a new position in shares of So-Young International during the 4th quarter valued at about $45,000. Finally, Millennium Management LLC bought a new position in shares of So-Young International during the 3rd quarter valued at about $123,000. 35.31% of the stock is currently owned by institutional investors and hedge funds.

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.