Vipshop Holdings Limited (VIPS) has been under a strong bear grip, hence the stock is down -12.62% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.32% in the past 1 week. The stock has risen by 1.86% in the past week indicating that the buyers are active at lower levels, but the stock is down -14.39% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 5.35% and the 50-Day Moving Average is 3.06%.The 200 Day SMA reached 3.51% Vipshop Holdings Limited is up 25.62% in the last 3-month period. Year-to-Date the stock performance stands at -10.41%.
Vipshop Holdings Limited (VIPS) : 6 investment research analysts covering Vipshop Holdings Limited (VIPS) have an average price target of $19.38 for the near short term. The highest target price given by the Brokerage Firm to the stock is $22 and the lowest target is $12 for the short term. Analysts expect the variance to be within $3.72 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Vipshop Holdings Limited (NYSE:VIPS): stock was range-bound between the intraday low of $13.64 and the intraday high of $14.28 after having opened at $14.16 on Fridays session. The stock finally closed in the red at $14.16, a loss of -3.80%. The stock remained in the red for the whole trading day. The total traded volume was 7,021,017 shares. The stock failed to cross $14.28 in Fridays trading. The stocks closing price on Thursday was $13.68.
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.