5 Stocks Dragging In The Internet Industry

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.1%) at 15,298 as of Wednesday, June 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Internet industry currently sits up 1.1% versus the S&P 500, which is down 0.17.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Vipshop Holdings Ltd ADR ( VIPS) is one of the companies pushing the Internet industry lower today. As of noon trading, Vipshop Holdings Ltd ADR is down $2.85 (-8.6%) to $30.14 on heavy volume Thus far, 555,754 shares of Vipshop Holdings Ltd ADR exchanged hands as compared to its average daily volume of 576,300 shares. The stock has ranged in price between $29.69-$32.49 after having opened the day at $32.49 as compared to the previous trading day's close of $32.99.

Vipshop Holdings Limited, through its subsidiaries, operates as an online discount retailer for various brands in the People's Republic of China. Vipshop Holdings Ltd ADR has a market cap of $1.8 billion and is part of the technology sector. The company has a P/E ratio of 154.7, above the S&P 500 P/E ratio of 17.7. Shares are up 84.9% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Vipshop Holdings Ltd ADR a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Vipshop Holdings Ltd ADR as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Vipshop Holdings Ltd ADR Ratings Report now.

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