SECO Stock Summary and Trading Ideas (Secoo Holding Limited - American Depositary Shares | NASDAQ:SECO)

Secoo Holding Ltd operates an online and offline shopping platform in China. It operates as an online retailer in China through the website, mobile applications, and offline experience centers in Beijing, Shanghai, Chengdu, Tianjin, Xiamen, Qingdao, and Malaysia. Also, the company is cooperating with brand boutiques such as Versace boutiques for its customers to pick up products ordered on its online platform. The majority of revenue is generated from its online business. Its geographical segments are China, Hongkong, and Others, of which the majority of the revenue is generated from China.

Secoo Holding Limited - American Depositary Shares trades on the NASDAQ stock market under the symbol SECO.

As of May 10, 2024, SECO stock price was flat at $0.40 with million shares trading.

SECO has a beta of -2.13, meaning it tends to be less sensitive to market movements. SECO has a correlation of 0.04 to the broad based SPY ETF.

SECO has a market cap of $28.61 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SECO stock traded as high as $26.30 and as low as $.26.

SECO has underperformed the market in the last year with a price return of -56.8% while the SPY ETF gained +27.8%. SECO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -10.0% and 0.0%, respectively, while the SPY returned +4.2% and +2.5%, respectively.

SECO support price is $.37 and resistance is $.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SECO stock will trade within this expected range on the day.