Secoo (NASDAQ:SECO) released its quarterly earnings results on Tuesday. The company reported $0.14 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.14, MarketWatch Earnings reports. Secoo had a net margin of 3.07% and a return on equity of 11.40%. The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period last year, the firm earned ($0.05) earnings per share. The firm’s revenue was up 60.1% on a year-over-year basis. Secoo updated its Q4 2018 guidance to EPS.

SECO opened at $10.72 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.79 and a current ratio of 2.85. Secoo has a fifty-two week low of $8.00 and a fifty-two week high of $15.48. The stock has a market cap of $137.43 million, a P/E ratio of 14.11 and a beta of 5.44.

Separately, Zacks Investment Research raised shares of Secoo from a “sell” rating to a “hold” rating in a research report on Wednesday, November 7th.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Symmetry Peak Management LLC bought a new position in shares of Secoo during the third quarter valued at about $191,000. Jane Street Group LLC increased its holdings in Secoo by 99.8% during the second quarter. Jane Street Group LLC now owns 23,810 shares of the company’s stock worth $192,000 after buying an additional 11,891 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in Secoo during the third quarter worth about $367,000. Folger Hill Asset Management LP purchased a new stake in Secoo during the third quarter worth about $635,000. Finally, Wexford Capital LP purchased a new stake in Secoo during the third quarter worth about $1,881,000. 36.73% of the stock is currently owned by institutional investors.

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Secoo Company Profile

Secoo Holding Limited, through its subsidiaries, operates an integrated online and offline shopping platform in the People's Republic of China and internationally. The company provides upscale brand products and services, including bags, watches, women's and men's wear, footwear, children's wear, sportswear, cosmetics and skin care products, jewelry, accessories, automobiles, home goods, fine food and beverage products, arts, and Chinese original products, as well as lifestyle services through its Website, mobile applications, and offline experience centers.

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Earnings History for Secoo (NASDAQ:SECO)

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