Baozun Inc. (NASDAQ:BZUN - Get Free Report)'s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $3.69 and traded as low as $3.39. Baozun shares last traded at $3.44, with a volume of 97,968 shares.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Baozun in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $4.20.
View Our Latest Stock Analysis on BZUN
Baozun Price Performance
The stock's fifty day moving average is $3.69 and its 200-day moving average is $3.07. The stock has a market cap of $198.76 million, a PE ratio of -7.82 and a beta of 0.27.
Baozun (NASDAQ:BZUN - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. Baozun had a negative net margin of 1.93% and a negative return on equity of 4.60%. The firm had revenue of $356.34 million during the quarter.
Institutional Investors Weigh In On Baozun
A number of hedge funds have recently modified their holdings of the company. Polunin Capital Partners Ltd purchased a new stake in shares of Baozun in the third quarter valued at about $424,000. Marex Group plc purchased a new position in Baozun during the second quarter worth about $262,000. BNP Paribas Financial Markets boosted its stake in Baozun by 51.8% during the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company's stock worth $78,000 after buying an additional 10,594 shares during the period. Jane Street Group LLC purchased a new position in Baozun during the second quarter worth about $40,000. Finally, Qube Research & Technologies Ltd boosted its stake in Baozun by 109.6% during the second quarter. Qube Research & Technologies Ltd now owns 148,950 shares of the technology company's stock worth $372,000 after buying an additional 77,891 shares during the period. Hedge funds and other institutional investors own 47.29% of the company's stock.
Baozun Company Profile
(
Get Free Report)
Baozun Inc, through its subsidiaries, provides end-to-end e-commerce solutions to brand partners in the People's Republic of China. The company operates through two segments, E-Commerce and Brand Management (BBM). The E-Commerce segment offers brands' store operations, customer services and value-added services in logistics and supply chain management, IT, and digital marketing.
See Also
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