Vipshop Holdings Limited (VIPS) has risen sharply, recording gains of 4.01% in the past 4 weeks. However, the stock has corrected -7.38% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 4.22% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.89% and the fifty day Moving Average is 11.39%. Vipshop Holdings Limited is up 30.97% in the last three month period. Year-to-Date the stock performance stands at -3.08%.
Vipshop Holdings Limited (VIPS) : The consensus price target for Vipshop Holdings Limited (VIPS) is $19.38 for the short term with a standard deviation of $3.72. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $22, however, the pessimist price target for the company is $12.
Vipshop Holdings Limited (NYSE:VIPS): The stock was completely flat for the day, closing at $14.80 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $14.80, the stock touched an intraday high of $15.05 and a low of $14.58. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $14.80. The total trading volume on Friday was 5,781,165.
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.