Ruhnn (NASDAQ:RUHN) Announces Earnings Results, Beats Expectations By $0.11 EPS

Ruhnn (NASDAQ:RUHN) released its quarterly earnings results on Monday. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11, Fidelity Earnings reports. Ruhnn had a negative return on equity of 5.83% and a negative net margin of 7.07%.

NASDAQ RUHN opened at $2.51 on Tuesday. The firm has a market capitalization of $207.62 million, a P/E ratio of -15.69 and a beta of 1.25. The firm’s fifty day moving average price is $3.32 and its two-hundred day moving average price is $3.95. Ruhnn has a 1 year low of $2.42 and a 1 year high of $9.60.

Several research analysts recently commented on RUHN shares. BidaskClub cut shares of Ruhnn from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 12th. ValuEngine upgraded Ruhnn from a “hold” rating to a “buy” rating in a report on Thursday, August 13th. Finally, Citigroup started coverage on Ruhnn in a report on Friday, July 17th. They set a “buy” rating on the stock.

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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Earnings History for Ruhnn (NASDAQ:RUHN)

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