Baozun (BZUN) Trading Up 7.7%

Shares of Baozun Inc (NASDAQ:BZUN) were up 7.7% on Wednesday . The company traded as high as $37.10 and last traded at $32.44. Approximately 11,125,104 shares were traded during mid-day trading, an increase of 385% from the average daily volume of 2,291,782 shares. The stock had previously closed at $30.13.

A number of analysts recently weighed in on BZUN shares. BidaskClub lowered shares of Baozun from a “hold” rating to a “sell” rating in a research report on Thursday, November 15th. Zacks Investment Research raised shares of Baozun from a “sell” rating to a “hold” rating in a research report on Tuesday, October 16th. Finally, ValuEngine lowered shares of Baozun from a “buy” rating to a “hold” rating in a research report on Monday, November 12th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $48.47.

The stock has a market capitalization of $1.80 billion, a P/E ratio of 59.40 and a beta of 3.62. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 2.12.

Baozun (NASDAQ:BZUN) last issued its earnings results on Wednesday, November 21st. The technology company reported $0.07 EPS for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.03). The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Baozun had a return on equity of 12.09% and a net margin of 4.80%. The business’s revenue was up 24.8% compared to the same quarter last year. During the same period last year, the business posted $0.64 earnings per share. Analysts predict that Baozun Inc will post 0.9 EPS for the current fiscal year.

Several large investors have recently modified their holdings of BZUN. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Baozun during the second quarter worth approximately $172,000. FundX Investment Group LLC purchased a new position in shares of Baozun during the second quarter worth approximately $209,000. Virginia Retirement Systems ET AL purchased a new position in shares of Baozun during the second quarter worth approximately $263,000. LPL Financial LLC purchased a new position in shares of Baozun during the first quarter worth approximately $270,000. Finally, Dai Ichi Life Insurance Company Ltd purchased a new position in shares of Baozun during the second quarter worth approximately $271,000. 53.41% of the stock is currently owned by institutional investors and hedge funds.

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About Baozun (NASDAQ:BZUN)

Baozun Inc provides e-commerce solutions for brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, store operations, visual merchandizing and marketing campaigns, customer services, warehousing, and order fulfillment.

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