Stocks to Watch: Vipshop Holdings Limited (VIPS) and Netshoes (CAYMAN) Limited (NETS) in the spotlight

The price of Vipshop Holdings Limited (NYSE:VIPS) went up by $0.23 now trading at $7.5. Their shares witnessed a 74.42% increase from the 52-week low price of $4.3 they recorded on 2018-10-30. Even though it is still -68% behind the $12.6 high touched on 2018-06-07. The last few days have been rough for the stock, as its price has decreased by -11.24% during the week. It has also performed better over the past three months, as it added around 12.95% while it has so far retreated around -38.12% during the course of a year. The stock of VIPS recorded 37.36% uptrend from the beginning of this year till date. The 12-month potential price target for Vipshop Holdings Limited is set at $7.35. This target means that the stock has an upside potential to increase by -2% from the current trading price.

28 institutions entered new Vipshop Holdings Limited (NYSE:VIPS) positions, 100 added to their existing positions in these shares, 102 lowered their positions, and 39 exited their positions entirely.

Vipshop Holdings Limited (VIPS) trade volume has increased by 73.48% as around 13,400,022 shares were sold when compared with its 50-day average volume of traded shares which is 7,724,190. At the moment, VIPS is witnessing a downtrend, as it is trading -9.86% below its 20-day SMA, -6.97% below its 50-day SMA, and 11.11% below its 200-day SMA. The company runs an ROE of roughly 13.1%, with financial analysts predicting that their earnings per share growth will be around 0.14% per annum for the next five year. This will be compared to the 40.4% increase witnessed over the past five years.

The first technical resistance point for Vipshop Holdings Limited (NYSE:VIPS) will likely come at $7.8, marking a 3.85% premium to the current level. The second resistance point is at $8.11, about 7.52% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $6.63, the lower end of the range. VIPS’s 14-day MACD is -0.68 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 40.97, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 63.53 percent, which is high when compared to that of the 50-day’s 54.17 percent.

The shares of Netshoes (Cayman) Limited (NYSE:NETS) has increased by 43.88%, and now trading at $2.82 on the Wall Street in the intra-day deal, with their shares traded now around 4,308,684. This is a rise of 4,055,942 shares over the average 252,742 shares that were traded daily over the last three months. The stock that is trading at $2.82 went higher by 196.84% from its 52-week low of $0.95 that it attained back on 2018-12-26. The stock recorded a 52-week high of $3.3 nearly 288 days ago on 2018-08-09.

NETS stock has performed well over the past 30 days, as it added 33.02% while its price climbed by 89.26% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 43.88% over the last week. The stock’s 12-month potential target price is now at $2.91.

Netshoes (Cayman) Limited (NYSE:NETS) has been utilizing an ROE that is roughly -78.4%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 0% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 39.99% above its 20-day SMA, 46.37% above its 50-day SMA, and 38.72% above its 200-day SMA. In percentage terms, the aggregate Netshoes (Cayman) Limited shares held by institutional investors is 59.4%. 7 institutions jumped in to acquire Netshoes (Cayman) Limited (NETS) fresh stake, 9 added to their current holdings in these shares, 4 lowered their positions, and 4 left no stake in the company.

The stock’s 9-day MACD is 0.2 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 85.94, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 147.9 percent, which is more when compared to that of the 50-day’s 147.48 percent. On the daily chart, we see that the stock could reach the first level of resistance at $2.9, sporting a 2.76% premium to the current level. The next resistance point is at $2.98, representing nearly 5.37% premium to the current market price of Netshoes (Cayman) Limited (NETS). On the other hand, failure to breach the immediate hurdles can drag it down to $2.52, the lower end of the range.

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