Vipshop (NYSE:VIPS) Sets New 1-Year Low – Time to Sell?

Vipshop Holdings Limited (NYSE:VIPS)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $13.35 and last traded at $13.4850, with a volume of 778640 shares traded. The stock had previously closed at $13.68.

Analyst Ratings Changes

A number of research analysts have recently issued reports on VIPS shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Vipshop in a research note on Thursday, February 26th. Bank of America restated an “underperform” rating on shares of Vipshop in a report on Friday, May 29th. Nomura raised Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price target on the stock in a research note on Friday, February 27th. JPMorgan Chase & Co. lowered their price objective on Vipshop from $22.00 to $21.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. Finally, Weiss Ratings lowered Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $20.20.

Vipshop Stock Down 2.0%

The company has a market capitalization of $6.42 billion, a PE ratio of 6.30, a price-to-earnings-growth ratio of 1.39 and a beta of 0.65. The stock’s fifty day moving average price is $14.46 and its two-hundred day moving average price is $16.52.

Institutional Investors Weigh In On Vipshop

Large investors have recently made changes to their positions in the business. Mariner LLC raised its holdings in shares of Vipshop by 3.2% during the third quarter. Mariner LLC now owns 18,308 shares of the technology company’s stock valued at $360,000 after acquiring an additional 561 shares in the last quarter. D Orazio & Associates Inc. boosted its holdings in Vipshop by 4.3% in the third quarter. D Orazio & Associates Inc. now owns 15,119 shares of the technology company’s stock valued at $297,000 after acquiring an additional 618 shares in the last quarter. Arax Advisory Partners increased its position in Vipshop by 96.8% during the 4th quarter. Arax Advisory Partners now owns 1,407 shares of the technology company’s stock valued at $25,000 after purchasing an additional 692 shares during the period. Quadrant Capital Group LLC raised its holdings in Vipshop by 0.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 126,881 shares of the technology company’s stock worth $2,492,000 after purchasing an additional 787 shares in the last quarter. Finally, Loomis Sayles & Co. L P lifted its position in shares of Vipshop by 1.5% in the 4th quarter. Loomis Sayles & Co. L P now owns 63,826 shares of the technology company’s stock worth $1,129,000 after purchasing an additional 949 shares during the period. 48.82% of the stock is currently owned by institutional investors.

About Vipshop

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.