|Bid||11.92 x 3400|
|Ask||11.92 x 200|
|Day's Range||11.77 - 12.09|
|52 Week Range||9.94 - 17.41|
|PE Ratio (TTM)||23.24|
|Earnings Date||Aug 14, 2017 - Aug 18, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||15.90|
KeyBanc Capital Markets Competition between Alibaba Group Holding and JD.com intensified in June, which led to margin pressure in ecommerce. Thus, we are lowering estimates on Alibaba (BABA), JD (JD) and Vipshop Holdings (VIPS).
China's online retail sales, excluding virtual goods and services, were up 41% to $73 billion in June from the year-ago period.
The Chinese provider of online flash sales moves higher last week, bouncing off three-year lows.