So-Young International (NASDAQ:SY) Stock Rating Reaffirmed by Citigroup

Citigroup restated their neutral rating on shares of So-Young International (NASDAQ:SY) in a research note issued to investors on Monday morning, MarketBeat reports. Citigroup currently has a $0.80 target price on the stock, down from their previous target price of $1.50.

So-Young International Price Performance

Shares of NASDAQ SY opened at $0.83 on Monday. So-Young International has a 1 year low of $0.69 and a 1 year high of $1.52. The firm has a 50-day simple moving average of $0.87 and a two-hundred day simple moving average of $1.03. The company has a market cap of $85.70 million, a P/E ratio of 41.52 and a beta of 0.90.

So-Young International (NASDAQ:SY) last released its earnings results on Friday, August 23rd. The company reported $0.02 earnings per share for the quarter. The business had revenue of $56.06 million during the quarter. So-Young International had a return on equity of 1.32% and a net margin of 2.23%.

Institutional Trading of So-Young International

A hedge fund recently bought a new stake in So-Young International stock. Superstring Capital Management LP acquired a new position in So-Young International Inc. (NASDAQ:SY) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 796,059 shares of the company’s stock, valued at approximately $1,003,000. So-Young International comprises about 0.7% of Superstring Capital Management LP’s holdings, making the stock its 24th largest holding. Superstring Capital Management LP owned approximately 0.75% of So-Young International as of its most recent SEC filing. 35.31% of the stock is currently owned by institutional investors and hedge funds.

So-Young International Company Profile

So-Young International Inc operates an online platform for consumption healthcare services in the People's Republic of China. The company offers So-Young Mobile App that offers users medical aesthetic knowledge and experience to reach an informed medical aesthetic treatment decision and make reservations for treatment with medical professionals and medical aesthetic institutions; So-Young Beauty which provides similar interfaces and functions as the mobile app, as well as serves as additional access points to the platform; and medical aesthetic community content through its website soyoung.com.