Secoo (SECO) Earning Somewhat Favorable Press Coverage, Analysis Shows
News coverage about Secoo (NASDAQ:SECO) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Secoo earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.4022895418703 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of brokerages have weighed in on SECO. ValuEngine downgraded shares of Secoo from a “strong-buy” rating to a “buy” rating in a report on Thursday. Jefferies Group began coverage on shares of Secoo in a report on Tuesday, October 17th. They issued a “buy” rating and a $18.00 price target for the company.
Shares of Secoo (NASDAQ:SECO) traded down $0.40 during trading on Monday, reaching $8.29. 260,600 shares of the company’s stock were exchanged, compared to its average volume of 497,769. The company has a quick ratio of 1.22, a current ratio of 2.33 and a debt-to-equity ratio of 0.01. Secoo has a 12-month low of $6.61 and a 12-month high of $12.70.
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Secoo Company Profile
Secoo Holding Limited is an online integrated platform company. The Company offers an integrated online and offline shopping platform, which consists of its Secoo.com Website, mobile applications and offline experience centers. The Company offers a range of products including watches, bags, clothing, footwear, jewelry, accessories, menswear, children’s wear, sportswear, cosmetics and skin care, automobile, home goods, lifestyle services, lifestyle services and high-end Chinese original products.
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