Baozun Inc. (NASDAQ:BZUN - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.45 and traded as low as $2.41. Baozun shares last traded at $2.55, with a volume of 722,617 shares trading hands.
Analyst Ratings Changes
A number of research firms have recently issued reports on BZUN. StockNews.com lowered shares of Baozun from a "buy" rating to a "hold" rating in a report on Saturday, January 6th. China Renaissance downgraded shares of Baozun from a "buy" rating to a "hold" rating in a research note on Tuesday, March 26th.
Get Our Latest Stock Report on BZUN
Baozun Stock Performance
The stock has a 50 day moving average of $2.45 and a two-hundred day moving average of $2.62. The firm has a market capitalization of $160.72 million, a P/E ratio of -4.03 and a beta of 0.58.
Baozun (NASDAQ:BZUN - Get Free Report) last released its quarterly earnings results on Thursday, March 21st. The technology company reported ($0.11) earnings per share (EPS) for the quarter. The firm had revenue of $391.61 million for the quarter. Baozun had a negative net margin of 3.16% and a negative return on equity of 6.58%.
Institutional Trading of Baozun
Several institutional investors have recently modified their holdings of BZUN. Aigen Investment Management LP acquired a new position in Baozun in the fourth quarter worth about $30,000. QRG Capital Management Inc. bought a new position in shares of Baozun during the 3rd quarter worth approximately $49,000. Pathstone Family Office LLC acquired a new stake in Baozun in the 3rd quarter valued at $71,000. Mirae Asset Global Investments Co. Ltd. grew its position in Baozun by 71.3% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 62,877 shares of the technology company's stock valued at $195,000 after acquiring an additional 26,170 shares during the period. Finally, Acadian Asset Management LLC raised its stake in Baozun by 42.4% during the third quarter. Acadian Asset Management LLC now owns 705,273 shares of the technology company's stock worth $2,178,000 after acquiring an additional 209,909 shares in the last quarter. Institutional investors and hedge funds own 47.29% of the company's stock.
About Baozun
(
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Baozun Inc, through its subsidiaries, provides e-commerce solutions to brand partners in the People's Republic of China. The company offers IT infrastructure setup and integration, online store design and setup, online store operations, visual merchandising and marketing campaigns, customer services, and warehousing and order fulfilment.
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