Stocks of Vipshop Holdings Ltd ADR (NYSE:VIPS) traded higher last session on Wall Street, up 1.08% to $13.14.
VIPS stock price is now -4.32% away from the 50-day moving average and -9.64% away from the 200-day moving average. The market capitalization of the company currently stands at $5.72B.
With the price target of $19, Barclays recently initiated with Overweight rating for Vipshop Holdings Ltd ADR (NYSE: VIPS). On August 21, 2024, UBS Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $20 to quote $12.50, while ‘CLSA’ rates the stock as ‘Hold’
In other news, Feng Tao, Officer bought 129,989 shares of the company’s stock on Sep 20 ’24. The stock was bought for $1,669,059 at an average price of $12.84. A total of 0.10% of the company’s stock is owned by insiders.
During the past 12 months, Vipshop Holdings Ltd ADR has had a low of $11.50 and a high of $20.19. As of last week, the company has a debt-to-equity ratio of 0.16, a current ratio of 1.21, and a quick ratio of 1.03. According to the stock market information, the enterprise value for the company is $-16885987328, which is based on a 6.32 price-to-earnings ratio, a 0.57 price-to-earnings-growth ratio, and a beta of 0.29. The fifty day moving average price for VIPS is $13.752 and a two-hundred day moving average price translates $14.55895 for the stock.
The latest earnings results from Vipshop Holdings Ltd ADR (NYSE: VIPS) was released for 2024-06-30. The net profit margin was 7.50% and return on equity was 22.90% for VIPS. The company reported revenue of $2.95 billion for the quarter, compared to $3.12 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.58 percent.
