Vipshop Holdings Limited (VIPS) : Traders are bullish on Vipshop Holdings Limited (VIPS) as it has outperformed the S&P 500 by a wide margin of 11.03% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.5%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.02% in the last 1 week, and is up 15.89% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 9.51% and the 50-Day Moving Average is 8.76%.
Vipshop Holdings Limited (NYSE:VIPS): The stock opened at $12.90 on Friday but the bulls could not build on the opening and the stock topped out at $12.99 for the day. The stock traded down to $12.60 during the day, due to lack of any buying support eventually closed down at $12.62 with a loss of -2.02% for the day. The stock had closed at $12.88 on the previous day. The total traded volume was 2,252,750 shares.
Institutional Investors own 69.04% of Vipshop Holdings Limited shares.
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.