Additionally, the 36-month beta value for SECO is -0.03. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SECO is 1.19M and currently, short sellers hold a 4.27% ratio of that float. The average trading volume of SECO on April 18, 2024 was 273.94K shares.
SECO) stock’s latest price update
Secoo Holding Ltd ADR (NASDAQ: SECO)’s stock price has soared by 8.83 in relation to previous closing price of 0.37. Nevertheless, the company has seen a gain of 3.72% in its stock price over the last five trading days. InvestorPlace reported 2023-10-12 that Secoo (NASDAQ: SECO ) stock is experiencing a massive rally on Thursday despite a lack of news from the Chinese shopping company. There are no new press releases or filings with the Securities and Exchange Commission (SEC) that would explain why SECO stock is up today.
SECO’s Market Performance
Secoo Holding Ltd ADR (SECO) has experienced a 3.72% rise in stock performance for the past week, with a -7.50% drop in the past month, and a -14.73% drop in the past quarter. The volatility ratio for the week is 10.85%, and the volatility levels for the past 30 days are at 9.60% for SECO. The simple moving average for the past 20 days is 1.00% for SECO’s stock, with a -27.09% simple moving average for the past 200 days.
SECO Trading at -10.69% from the 50-Day Moving Average
After a stumble in the market that brought SECO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.41% of loss for the given period.
Volatility was left at 9.60%, however, over the last 30 days, the volatility rate increased by 10.85%, as shares sank -14.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.59% lower at present.
During the last 5 trading sessions, SECO fell by -3.62%, which changed the moving average for the period of 200-days by -55.93% in comparison to the 20-day moving average, which settled at $0.3912. In addition, Secoo Holding Ltd ADR saw -29.52% in overturn over a single year, with a tendency to cut further losses.
Conclusion
In conclusion, Secoo Holding Ltd ADR (SECO) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
