Vipshop (NYSE:VIPS) Sets New 12-Month Low – Should You Sell?

Vipshop Holdings Limited (NYSE:VIPS)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $13.11 and last traded at $13.2390, with a volume of 1729357 shares. The stock had previously closed at $13.33.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Benchmark reissued a “hold” rating on shares of Vipshop in a report on Friday, May 22nd. Nomura raised Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price objective for the company in a research note on Friday, February 27th. UBS Group set a $18.50 target price on Vipshop and gave the stock a “buy” rating in a research report on Friday, May 22nd. Bank of America reissued an “underperform” rating on shares of Vipshop in a research note on Friday, May 29th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. One 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 given a Sell rating to the company. According to data from MarketBeat.com, Vipshop presently has a consensus rating of “Moderate Buy” and an average price target of $20.20.

Vipshop Stock Performance

The business’s fifty day moving average price is $14.31 and its two-hundred day moving average price is $16.34. The stock has a market capitalization of $6.34 billion, a P/E ratio of 6.22, a P/E/G ratio of 1.34 and a beta of 0.64.

Institutional Investors Weigh In On Vipshop

Large investors have recently added to or reduced their stakes in the stock. Arax Advisory Partners lifted its stake in shares of Vipshop by 96.8% in 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 last quarter. Richardson Financial Services Inc. boosted its holdings in shares of Vipshop by 153.8% in the 4th quarter. Richardson Financial Services Inc. now owns 2,063 shares of the technology company’s stock worth $36,000 after purchasing an additional 1,250 shares during the period. Caitong International Asset Management Co. Ltd increased its position in shares of Vipshop by 8,472.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,143 shares of the technology company’s stock valued at $38,000 after purchasing an additional 2,118 shares during the last quarter. Cooper Investors PTY Ltd. bought a new position in shares of Vipshop during the 4th quarter valued at approximately $58,000. Finally, EverSource Wealth Advisors LLC raised its holdings in Vipshop by 100.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,721 shares of the technology company’s stock valued at $58,000 after buying an additional 1,864 shares during the period. 48.82% of the stock is owned by institutional investors.

Vipshop Company Profile

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.