Vipshop Holdings Limited (VIPS): The stock had negative money flow to the tune of ($2.67 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $35.14 million, whereas, the outflow of money on downticks was $37.8 million and the ratio between the two was 0.93. The block trade had a negative net money flow of ($2.49 million). The total block trade value undertaken on upticks was $7.07 million. On the other hand, downticks amounted to $4.58 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 1.54. Vipshop Holdings Limited (VIPS) closed with marginal gains of 68 cents to end the day at $16.2, an increase of 4.38% over the previous days close. The stock recorded 13.6% for the week.
Shares of Vipshop Holdings Limited rose by 13.79% in the last five trading days and 26.86% for the last 4 weeks. Vipshop Holdings Limited is up 28.7% in the last 3-month period. Year-to-Date the stock performance stands at 4.85%.
Vipshop Holdings Limited (NYSE:VIPS): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.80 and $15.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.01, notching a gain of 3.16% for the day. The total traded volume was 20,540,406 . The stock had closed at $15.52 on the previous day.
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.