Baozun Inc. (NASDAQ:BZUN - Get Free Report)'s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.81 and traded as high as $3.07. Baozun shares last traded at $3.05, with a volume of 355,270 shares trading hands.
Analyst Ratings Changes
Several brokerages have issued reports on BZUN. Citigroup lifted their price target on shares of Baozun from $3.90 to $4.20 and gave the company a "buy" rating in a research note on Tuesday, November 26th. StockNews.com raised Baozun from a "hold" rating to a "buy" rating in a research report on Friday, January 17th.
Get Our Latest Stock Report on BZUN
Baozun Trading Up 5.9 %
The firm's 50 day moving average price is $2.81 and its two-hundred day moving average price is $2.77. The company has a market capitalization of $187.76 million, a price-to-earnings ratio of -5.65 and a beta of 0.31.
Baozun (NASDAQ:BZUN - Get Free Report) last announced its quarterly earnings results on Thursday, November 21st. The technology company reported ($0.21) earnings per share for the quarter. Baozun had a negative return on equity of 5.58% and a negative net margin of 2.55%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of BZUN. Dimensional Fund Advisors LP lifted its holdings in Baozun by 23.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 620,450 shares of the technology company's stock worth $1,452,000 after purchasing an additional 117,502 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Baozun in the second quarter valued at about $55,000. Mackenzie Financial Corp acquired a new position in shares of Baozun in the second quarter valued at about $165,000. SG Americas Securities LLC bought a new position in Baozun during the third quarter worth about $69,000. Finally, QRG Capital Management Inc. acquired a new stake in Baozun in the 3rd quarter worth about $50,000. Institutional investors and hedge funds own 47.29% of the company's stock.
Baozun Company Profile
(
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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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