Ruhnn (NASDAQ:RUHN) Cut to “Sell” at BidaskClub
Separately, ValuEngine lowered shares of Ruhnn from a buy rating to a hold rating in a research note on Tuesday, November 19th.
Shares of RUHN stock opened at $8.28 on Tuesday. The company has a 50-day moving average of $8.07 and a two-hundred day moving average of $6.27. Ruhnn has a 1-year low of $3.06 and a 1-year high of $12.14.
A hedge fund recently bought a new stake in Ruhnn stock. Oxford Asset Management LLP bought a new position in shares of Ruhnn Holding Ltd – (NASDAQ:RUHN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 21,836 shares of the company’s stock, valued at approximately $153,000. 0.41% of the stock is currently owned by institutional investors.
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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