Somewhat Favorable News Coverage Somewhat Unlikely to Affect Vipshop (VIPS) Stock Price

Headlines about Vipshop (NYSE:VIPS) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vipshop earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 47.0728775348402 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s scoring:

Several research firms have recently issued reports on VIPS. BidaskClub raised Vipshop from a “sell” rating to a “hold” rating in a report on Monday, September 18th. Zacks Investment Research lowered Vipshop from a “buy” rating to a “hold” rating in a report on Wednesday, September 20th. Daiwa Capital Markets raised Vipshop from a “hold” rating to a “buy” rating in a report on Monday, December 18th. JPMorgan Chase & Co. reduced their target price on Vipshop from $13.00 to $10.00 and set an “overweight” rating for the company in a report on Wednesday, November 22nd. Finally, UBS Group began coverage on Vipshop in a report on Monday, October 30th. They issued a “neutral” rating and a $9.00 target price for the company. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. Vipshop currently has a consensus rating of “Hold” and an average target price of $12.95.

Vipshop (VIPS) traded up $0.78 during trading on Tuesday, reaching $12.50. The company had a trading volume of 10,909,520 shares, compared to its average volume of 7,401,150. Vipshop has a fifty-two week low of $7.79 and a fifty-two week high of $15.49. The company has a current ratio of 1.05, a quick ratio of 0.74 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $7,420.00, a P/E ratio of 26.04 and a beta of 2.10.

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About Vipshop

Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.

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