Baozun (NASDAQ:BZUN) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?

Baozun Inc. (NASDAQ:BZUN - Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.06 and traded as low as $2.33. Baozun shares last traded at $2.44, with a volume of 632,468 shares traded.

Analyst Ratings Changes

Separately, StockNews.com raised Baozun from a "hold" rating to a "buy" rating in a research report on Friday, March 21st.

Baozun Stock Performance

The company's 50-day moving average price is $3.15 and its 200 day moving average price is $3.05. The stock has a market capitalization of $140.98 million, a P/E ratio of -4.24 and a beta of 0.39.

Hedge Funds Weigh In On Baozun

Several large investors have recently made changes to their positions in BZUN. Schroder Investment Management Group raised 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 valued at $6,352,000 after purchasing an additional 326,388 shares during the period. Walleye Capital LLC raised its position in shares of Baozun by 103.5% during the fourth quarter. Walleye Capital LLC now owns 306,091 shares of the technology company's stock valued at $833,000 after buying an additional 155,650 shares during the last quarter. Barclays PLC lifted its holdings in shares of Baozun by 2,153.5% in the third quarter. Barclays PLC now owns 160,000 shares of the technology company's stock worth $573,000 after buying an additional 152,900 shares in the last quarter. Millennium Management LLC bought a new position in shares of Baozun during the fourth quarter worth $332,000. Finally, Bank of America Corp DE grew its stake in Baozun by 44,379.3% during the fourth quarter. Bank of America Corp DE now owns 100,968 shares of the technology company's stock valued at $275,000 after acquiring an additional 100,741 shares in the last quarter. 47.29% of the stock is currently owned by hedge funds and other institutional investors.

About Baozun

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.