Yatsen (NYSE:YSG) Hits New 52-Week High – Here’s What Happened

Yatsen Holding Limited (NYSE:YSG)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $5.22 and last traded at $5.14, with a volume of 117551 shares. The stock had previously closed at $4.98.

Yatsen Stock Down 0.6 %

The stock’s fifty day simple moving average is $3.97 and its 200 day simple moving average is $3.57.

Hedge Funds Weigh In On Yatsen

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

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.