Baozun's (BZUN) Sell (D-) Rating Reiterated at Weiss Ratings

Key Points

• Weiss Ratings has reiterated its "sell (D-)" rating for Baozun (NASDAQ:BZUN), signaling ongoing concerns about the company's performance.
• Baozun's stock price is currently at $3.81, with a market capitalization of $220.14 million and a twelve-month trading range between $2.12 and $4.88.
• Institutional investors and hedge funds now own 47.29% of Baozun's stock, with several recent significant changes in holdings from firms like Polunin Capital and BNP Paribas Financial Markets.

Baozun (NASDAQ:BZUN - Get Free Report)'s stock had its "sell (d-)" rating reissued by research analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Baozun Stock Performance

BZUN traded up $0.07 during midday trading on Wednesday, hitting $3.81. The company had a trading volume of 93,602 shares, compared to its average volume of 378,942. The company has a market capitalization of $220.14 million, a PE ratio of -8.66 and a beta of 0.27. Baozun has a twelve month low of $2.12 and a twelve month high of $4.88. The firm's 50-day simple moving average is $3.51 and its 200-day simple moving average is $3.02.

Baozun (NASDAQ:BZUN - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The technology company reported ($0.08) earnings per share for the quarter. Baozun had a negative return on equity of 4.60% and a negative net margin of 1.93%.The firm had revenue of $356.34 million for the quarter.

Hedge Funds Weigh In On Baozun

Institutional investors and hedge funds have recently modified their holdings of the stock. Polunin Capital Partners Ltd bought a new position in shares of Baozun in the third quarter worth about $424,000. Marex Group plc acquired a new stake in shares of Baozun during the 2nd quarter worth approximately $262,000. BNP Paribas Financial Markets grew its position in shares of Baozun by 51.8% during the 2nd 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 acquired a new stake in Baozun in the 2nd quarter valued at $40,000. Finally, Qube Research & Technologies Ltd grew its position in Baozun by 109.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 148,950 shares of the technology company's stock valued at $372,000 after purchasing an additional 77,891 shares during the period. 47.29% of the stock is currently owned by institutional investors and hedge funds.

Baozun Company Profile

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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