Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.86 in the prior trading day, So-Young International Inc ADR (NASDAQ: SY) closed at $0.83, down -3.34%. In other words, the price has decreased by -$3.34 from its previous closing price. On the day, 9.3 million shares were traded. SY stock price reached its highest trading level at $0.98 during the session, while it also had its lowest trading level at $0.82.
Ratios:
Our goal is to gain a better understanding of SY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.74. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on March 22, 2023, Upgraded its rating to Buy and sets its target price to $3 from $0.80 previously.
On March 23, 2021, Needham reiterated its Buy rating and also upped its target price recommendation from $16 to $14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SY now has a Market Capitalization of 87273392 and an Enterprise Value of -762859136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at -0.52 whereas that against EBITDA is 19.87.
Stock Price History:
The Beta on a monthly basis for SY is 0.89, which has changed by -0.2719298 over the last 52 weeks, in comparison to a change of 0.077997446 over the same period for the S&P500. Over the past 52 weeks, SY has reached a high of $1.42, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is -10.02%, while the 200-Day Moving Average is calculated to be -9.24%.
Shares Statistics:
The stock has traded on average 90.75K shares per day over the past 3-months and 635330 shares per day over the last 10 days, according to various share statistics. A total of 85.36M shares are outstanding, with a floating share count of 71.19M. Insiders hold about 16.60% of the company’s shares, while institutions hold 7.98% stake in the company. Shares short for SY as of 1741910400 were 12732 with a Short Ratio of 0.14, compared to 1739491200 on 11480. Therefore, it implies a Short% of Shares Outstanding of 12732 and a Short% of Float of 0.029999999000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0