Separately, ValuEngine cut Ruhnn from a buy rating to a hold rating in a report on Tuesday, November 19th.
Shares of RUHN opened at $8.26 on Tuesday. Ruhnn has a 12-month low of $3.06 and a 12-month high of $12.14. The business has a 50-day simple moving average of $8.10 and a two-hundred day simple moving average of $6.29.
A number of institutional investors and hedge funds have recently modified their holdings of RUHN. California Public Employees Retirement System acquired a new position in Ruhnn in the 4th quarter worth about $562,000. Oxford Asset Management LLP acquired a new position in Ruhnn in the 4th quarter worth about $153,000. Penserra Capital Management LLC acquired a new position in Ruhnn in the 4th quarter worth about $340,000. Finally, Goldman Sachs Group Inc. acquired a new position in Ruhnn in the 4th quarter worth about $2,804,000. 0.41% of the stock is owned by institutional investors and hedge funds.
Ruhnn Company Profile
Ruhnn Holding Limited, together with its subsidiaries, operates key opinion leader (KOL) cultivation and incubation platforms in the People's Republic of China. The company engages in the sale of various fashion and lifestyle products to consumers through its KOL online stores; and provision of various KOL sales and advertising services to third-party merchants.
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