Baozun Inc. (NASDAQ:BZUN - Get Free Report)'s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $2.80 and traded as high as $3.38. Baozun shares last traded at $3.28, with a volume of 190,397 shares changing hands.
Analysts Set New Price Targets
Separately, StockNews.com lowered shares of Baozun from a "strong-buy" rating to a "buy" rating in a report on Tuesday, May 13th.
Check Out Our Latest Analysis on Baozun
Baozun Trading Down 7.5%
The company has a market cap of $161.32 million, a price-to-earnings ratio of -5.50 and a beta of 0.29. The business has a fifty day moving average of $2.80 and a two-hundred day moving average of $2.93.
Baozun (NASDAQ:BZUN - Get Free Report) last announced its earnings results on Wednesday, May 21st. The technology company reported ($0.15) earnings per share for the quarter. Baozun had a negative return on equity of 5.58% and a negative net margin of 2.55%.
Institutional Trading of Baozun
Institutional investors and hedge funds have recently modified their holdings of the stock. Schroder Investment Management Group increased its stake in Baozun by 16.5% during the 4th quarter. Schroder Investment Management Group now owns 2,301,500 shares of the technology company's stock worth $6,352,000 after buying an additional 326,388 shares in the last quarter. Two Sigma Investments LP increased its position in shares of Baozun by 2.7% during the fourth quarter. Two Sigma Investments LP now owns 729,799 shares of the technology company's stock worth $1,985,000 after purchasing an additional 18,913 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Baozun by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 598,184 shares of the technology company's stock valued at $1,628,000 after purchasing an additional 5,915 shares during the last quarter. Walleye Capital LLC lifted its holdings in Baozun by 103.5% in the 4th quarter. Walleye Capital LLC now owns 306,091 shares of the technology company's stock valued at $833,000 after purchasing an additional 155,650 shares in the last quarter. Finally, GSA Capital Partners LLP boosted its stake in Baozun by 113.7% during the 1st quarter. GSA Capital Partners LLP now owns 290,959 shares of the technology company's stock worth $794,000 after purchasing an additional 154,787 shares during the last quarter. Hedge funds and other institutional investors own 47.29% of the company's stock.
Baozun Company Profile
(
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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.
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