Baozun (NASDAQ:BZUN - Get Free Report) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Wednesday.
Separately, Citigroup upped their price target on shares of Baozun from $3.90 to $4.20 and gave the stock a "buy" rating in a research report on Tuesday, November 26th.
Check Out Our Latest Report on Baozun
Baozun Trading Down 3.6 %
Shares of Baozun stock traded down $0.12 during trading hours on Wednesday, reaching $3.23. The stock had a trading volume of 779,246 shares, compared to its average volume of 335,591. The firm has a market capitalization of $198.85 million, a price-to-earnings ratio of -5.98 and a beta of 0.31. Baozun has a 1 year low of $2.08 and a 1 year high of $4.38. The firm has a 50 day simple moving average of $2.88 and a two-hundred day simple moving average of $2.79.
Baozun (NASDAQ:BZUN - Get Free Report) last posted its quarterly earnings results on Thursday, November 21st. The technology company reported ($0.21) EPS for the quarter. Baozun had a negative net margin of 2.55% and a negative return on equity of 5.58%.
Institutional Trading of Baozun
A number of hedge funds have recently made changes to their positions in the company. QRG Capital Management Inc. purchased a new position in shares of Baozun in the third quarter valued at $50,000. Wolverine Trading LLC lifted its holdings in Baozun by 42.5% in the 3rd quarter. Wolverine Trading LLC now owns 15,228 shares of the technology company's stock worth $52,000 after buying an additional 4,545 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Baozun in the third quarter worth about $69,000. Marshall Wace LLP purchased a new position in Baozun in the second quarter valued at about $55,000. Finally, New York State Common Retirement Fund grew its stake in Baozun by 95.5% during the 4th quarter. New York State Common Retirement Fund now owns 23,914 shares of the technology company's stock valued at $65,000 after purchasing an additional 11,683 shares in the last quarter. 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.
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