On May 16, 2018 Vipshop (VIPS) Downgraded By CLSA From “Buy”.

May 16, 2018 - By Madeline Delgado

CLSA Decreased Vipshop (VIPS)’s Stock Rating to “Underperform”.

On Tuesday, 15 May CLSA announced in an analyst report Vipshop (VIPS)‘s rating change. VIPS’s old rating was “Buy” decreased to “Underperform”.

VIPS is hitting $12.54 during the last trading session, after increased 3.79%.Vipshop Holdings Limited is uptrending after having risen 21.34% since May 16, 2017. VIPS has 19.81 million volume or 113.30% up from normal. The stock outperformed the S&P500 by 9.79%.

Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China.The firm is worth $8.26 billion. It operates in two divisions, Vip.com and Internet Finance Business.The P/E ratio is 24.83. The firm offers women's apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories that include belts, jewelry, watches, and glasses for women and men.

For more Vipshop Holdings Limited (NYSE:VIPS) news posted briefly go to: Fool.com, Investorplace.com, Schaeffersresearch.com, Streetinsider.com or Benzinga.com. The titles are as follows: “Why Switch, Vipshop Holdings, and Agilent Technologies Slumped Today” posted on May 15, 2018, “5 Top Stock Trades for Wednesday Morning” on May 15, 2018, “Inovio Stock Buzzing After HIV Vaccine Data” with a publish date: May 15, 2018, “After-Hours Stock Movers 05/14: (PFNX) (MIME) (LPTH) Higher; (VIPS) (HAIR) (MYE) Lower (more…)” and the last “KeyBanc Highlights Tencent And JD Concerns In Vipshop Downgrade” with publication date: May 16, 2018.

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