Shares of Secoo Holding Ltd – (NASDAQ:SECO) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Analysts have set a twelve-month consensus target price of $17.40 for the company and are anticipating that the company will post $0.14 EPS for the current quarter, according to Zacks. Zacks has also assigned Secoo an industry rank of 206 out of 255 based on the ratings given to related companies.
A number of research analysts have issued reports on the company. Zacks Investment Research cut Secoo from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 15th. ValuEngine cut Secoo from a “buy” rating to a “hold” rating in a research report on Saturday, June 2nd.
Secoo stock opened at $13.00 on Thursday. Secoo has a 12-month low of $6.61 and a 12-month high of $15.48. The company has a current ratio of 2.85, a quick ratio of 0.79 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $164.74 million and a price-to-earnings ratio of 17.11.
Institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in Secoo in the first quarter valued at about $125,000. Epoch Investment Partners Inc. bought a new position in Secoo in the first quarter valued at about $1,899,000. Indus Capital Partners LLC bought a new position in Secoo in the second quarter valued at about $3,075,000. Krane Funds Advisors LLC bought a new stake in shares of Secoo during the second quarter worth about $2,371,000. Finally, Citadel Advisors LLC bought a new stake in shares of Secoo during the first quarter worth about $264,000. Hedge funds and other institutional investors own 19.15% of the company’s stock.
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.
Featured Story: How is the S&P 500 index different from the DJIA?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Secoo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secoo and related companies with MarketBeat.com's FREE daily email newsletter.