The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $5.86B. The third largest holder is Goldman Sachs Group Inc, which now holds $209.4 million worth of this stock and that ownership represents almost 3.53% of its market capitalization. TheStreet downgraded shares of Vipshop Holdings Limited from a “buy” rating to a “hold” rating in a report on Thursday, December 22nd.
To make strengthen these views, the active industry Vipshop Holdings Limited (NYSE:VIPS) has Quick Ratio of 0.80, which indicates firm has sufficient short-term assets to cover its immediate liabilities. Andra Ap-Fonden sold 78,400 shares as Vipshop Hldgs Ltd Sponsored (VIPS)’s stock rose 10.03%.
Analysts have given a mean recommendation of 2.20 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range).
Vipshop Holdings Ltd (NYSE:VIPS) has grabbed attention from the analysts, when it saw a value decrease of -0.1% or -0.01 points in the last trading session to close at $9.88. BlackRock Fund Advisors increased its position in Vipshop Holdings Limited by 21.8% in the third quarter. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. It opened the session with a $0.29 price tag, later ranging from $0.2816 to $0.3059, the range at which the stock has traded at throughout the day. Schroder Investment Management Group now owns 8,251,172 shares of the technology company’s stock valued at $110,730,000 after purchasing an additional 4,688,120 shares during the period. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & global copyright and trademark legislation. Charles Lim Capital Ltd increased its position in Vipshop Holdings Limited by 26.4% in the third quarter. BlackRock Inc. now owns 17,839,154 shares of the technology company’s stock valued at $237,973,000 after acquiring an additional 17,447,045 shares during the last quarter. Comparatively, Vipshop Holdings Limited posted earnings of $1.3 per share in the same quarter previous year.
Tightening the gaze, stock performance for the last 5 trading days is 3.80%. The stock of Vipshop Holdings Ltd – ADR (NYSE:VIPS) earned “Buy” rating by Credit Agricole on Thursday, January 7. The share last price represents downtick move of -39.16% in value from company’s 52-Week high price and shows 13.30% above change in value from its 52-Week low price. Total debt to equity ratio of the company for most recent quarter is 0.64 whereas long term debt to equity ratio for most recent quarter is 0.6.
Other institutional investors also recently made changes to their positions in the company. QS Investors LLC lifted its holdings in shares of Vipshop Holdings Limited by 1.6% in the second quarter. Finally, MARSHALL WACE ASIA Ltd purchased a new stake in shares of Vipshop Holdings Limited during the first quarter valued at approximately $31,703,000.
Vipshop Holdings Limited is a holding company. The number of shares now owned by investors are 592.66 mln. OppenheimerFunds Inc. now owns 658,830 shares of the technology company’s stock valued at $8,789,000 after acquiring an additional 47,250 shares during the last quarter. The Company’s segment is sales, product distribution and offering of goods on its online platforms. Through its flash sales model, the Company sells limited quantities of discounted branded products online for limited periods of time.