The stock price of So-Young International Inc ADR (NASDAQ: SY) has dropped by -2.40 compared to previous close of 0.88. Despite this, the company has seen a fall of -0.02% in its stock price over the last five trading days. prnewswire.com reported 2024-08-23 that BEIJING, Aug. 23, 2024 /PRNewswire/ — So-Young International Inc. (Nasdaq: SY) (“So-Young” or the “Company”), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 202 4 Financial Highlights Total revenues were RMB407.4 million (US$56.1 million [1]), compared with RMB412.1 million in the corresponding period of 2023, exceeding the high end of guidance.
Is It Worth Investing in So-Young International Inc ADR (NASDAQ: SY) Right Now?
The price-to-earnings ratio for So-Young International Inc ADR (NASDAQ: SY) is 50.28x, which is above its average ratio. Moreover, the 36-month beta value for SY is 0.90. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SY is 72.34M and currently, short sellers hold a 0.01% of that float. On August 23, 2024, SY’s average trading volume was 76.15K shares.
SY’s Market Performance
The stock of So-Young International Inc ADR (SY) has seen a -0.02% decrease in the past week, with a -8.53% drop in the past month, and a -20.39% fall in the past quarter. The volatility ratio for the week is 8.60%, and the volatility levels for the past 30 days are at 6.66% for SY. The simple moving average for the past 20 days is -4.63% for SY’s stock, with a -19.22% simple moving average for the past 200 days.
Analysts’ Opinion of SY
Many brokerage firms have already submitted their reports for SY stocks, with Citigroup repeating the rating for SY by listing it as a “Buy.” The predicted price for SY in the upcoming period, according to Citigroup is $3 based on the research report published on March 22, 2023 of the previous year 2023.
Needham, on the other hand, stated in their research note that they expect to see SY reach a price target of $14, previously predicting the price at $16. The rating they have provided for SY stocks is “Buy” according to the report published on March 23rd, 2021.
Deutsche Bank gave a rating of “Buy” to SY, setting the target price at $16.20 in the report published on April 23rd of the previous year.
SY Trading at -11.67% from the 50-Day Moving Average
After a stumble in the market that brought SY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.29% of loss for the given period.
Volatility was left at 6.66%, however, over the last 30 days, the volatility rate increased by 8.60%, as shares sank -10.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.59% lower at present.
During the last 5 trading sessions, SY fell by -2.34%, which changed the moving average for the period of 200-days by -10.68% in comparison to the 20-day moving average, which settled at $0.8965. In addition, So-Young International Inc ADR saw -29.65% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SY
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.64 for the gross margin
The net margin for So-Young International Inc ADR stands at 0.01. The total capital return value is set at -0.02. Equity return is now at value 0.47, with 0.36 for asset returns.
Currently, EBITDA for the company is -25.86 million with net debt to EBITDA at 4.2. When we switch over and look at the enterprise to sales, we see a ratio of 0.2. The receivables turnover for the company is 15.16for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.22.
Conclusion
To wrap up, the performance of So-Young International Inc ADR (SY) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
