Secoo (NASDAQ:SECO) Rating Increased to C- at TheStreet

Secoo (NASDAQ:SECO) was upgraded by stock analysts at TheStreet from a “d” rating to a “c-” rating in a report issued on Tuesday, TheStreetRatingsTable reports.

Shares of SECO stock opened at $2.86 on Tuesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.21 and a current ratio of 3.07. The company has a market capitalization of $143.69 million, a P/E ratio of 16.82 and a beta of 1.52. The company’s 50 day moving average price is $2.63 and its two-hundred day moving average price is $2.72. Secoo has a 52 week low of $2.11 and a 52 week high of $7.29.

Secoo (NASDAQ:SECO) last announced its earnings results on Monday, December 28th. The company reported $0.04 EPS for the quarter. The firm had revenue of $202.29 million for the quarter. Secoo had a net margin of 1.04% and a return on equity of 3.67%.

Institutional investors and hedge funds have recently modified their holdings of the company. Marshall Wace LLP bought a new position in shares of Secoo in the second quarter valued at $53,000. Cetera Advisor Networks LLC lifted its holdings in Secoo by 45.6% during the 3rd quarter. Cetera Advisor Networks LLC now owns 41,592 shares of the company’s stock valued at $111,000 after purchasing an additional 13,018 shares during the last quarter. Finally, FMR LLC acquired a new stake in Secoo during the 1st quarter valued at $2,905,000. 25.16% of the stock is owned by institutional investors.

Secoo Company Profile

Secoo Holding Limited, through its subsidiaries, operates an integrated online and offline shopping platform in the People's Republic of China, Hong Kong, 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, home goods, fine food and beverage products, arts, 3C electronic devices, and Chinese original products, as well as lifestyle services through its Website, mobile applications, and offline experience centers.

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