Vipshop Holdings Limited (NYSE:VIPS) had a weak trading session and its shares were last down at $11.53, down -0.04% or -0.3 points. The trading data also revealed that the total net flow stood at $0.81 million as the shares had $0.85 million in upticks but lost $0.04 million in downticks. The up/down ratio was 21.98. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of 3.83% in the shares.The block trade data suggests an inflow of $0.79 million in upticks and an outflow of $0 million in downticks. The up/down ratio for the block stood at 0. The net money flow for this transaction was recorded at $0.79.
Institutional Investors own 68.91% of Vipshop Holdings Limited shares.
Vipshop Holdings Limited (NYSE:VIPS) : On Monday heightened volatility was witnessed in Vipshop Holdings Limited (NYSE:VIPS) which led to swings in the share price. The stock opened for trading at $11.53 and hit $11.84 on the upside , eventually ending the session at $11.57, with a gain of 0.09% or 0.01 points. The heightened volatility saw the trading volume jump to 4,085,477 shares. The 52-week high of the share price is $26.17 and the company has a market cap of $6,784 million. The 52-week low of the share price is at $10.21 .
Many analysts have stated their opinion on the company shares. JP Morgan downgrades its view on Vipshop Holdings Limited (NYSE:VIPS) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Overweight. JP Morgan lowers the price target from $15 per share to $11 per share on Vipshop Holdings Limited. The rating by the firm was issued on May 18, 2016.
Vipshop Holdings Limited is a holding company. The Company, through its wholly owned subsidiaries, operates as an online discount retailer for brands in China. The Company offers a range of apparel, fashion goods, cosmetics, home goods and lifestyle products from domestic and international brands. The Companys product categories include womenswear, menswear, footwear, accessories, handbags, children, sportswear and sporting goods, cosmetics, home goods and other lifestyle products, luxury goods, and gifts and miscellaneous. The Company offers branded products to consumers through flash sales model on its vip.com Website. The Company has launched channels on its Website, which include Vipshop Beauty, Vipshop Home, Vipshop Baby and Global Sale. The Company also offers a range of products and services through lefeng.com, specializing in branded cosmetics, apparel, healthcare products, food and other consumer products.