Secoo Holding Limited (SECO) Earning Somewhat Positive News Coverage, Accern Reports
Headlines about Secoo Holding Limited (NASDAQ:SECO) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Secoo Holding Limited earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.2947462744638 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Secoo Holding Limited (NASDAQ:SECO) traded down $0.04 during mid-day trading on Friday, hitting $8.02. 102,500 shares of the stock were exchanged, compared to its average volume of 387,090. Secoo Holding Limited has a 52-week low of $6.61 and a 52-week high of $12.70.
Separately, Jefferies Group LLC initiated coverage on shares of Secoo Holding Limited in a report on Tuesday, October 17th. They issued a “buy” rating and a $18.00 target price for the company.
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About Secoo Holding Limited
Secoo Holding Limited is an online integrated platform company. The Company offers an integrated online and offline shopping platform, which consists of its Secoo.com Website, mobile applications and offline experience centers. The Company offers a range of products including watches, bags, clothing, footwear, jewelry, accessories, menswear, children’s wear, sportswear, cosmetics and skin care, automobile, home goods, lifestyle services, lifestyle services and high-end Chinese original products.
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