Baozun (NASDAQ:BZUN - Get Free Report) was downgraded by equities researchers at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday.
Separately, Citigroup boosted their target price on Baozun from $3.90 to $4.20 and gave the stock a "buy" rating in a research report on Tuesday, November 26th.
View Our Latest Report on Baozun
Baozun Price Performance
Shares of BZUN stock traded down $0.09 on Friday, reaching $3.43. 315,870 shares of the stock were exchanged, compared to its average volume of 402,053. The stock has a market cap of $211.15 million, a PE ratio of -6.35 and a beta of 0.32. Baozun has a one year low of $2.11 and a one year high of $4.38. The stock has a 50 day moving average price of $2.97 and a 200 day moving average price of $2.83.
Baozun (NASDAQ:BZUN - Get Free Report) last released its 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 Investors Weigh In On Baozun
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its holdings in Baozun by 23.4% in the second quarter. Dimensional Fund Advisors LP now owns 620,450 shares of the technology company's stock valued at $1,452,000 after purchasing an additional 117,502 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Baozun by 9.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 490,771 shares of the technology company's stock valued at $1,757,000 after purchasing an additional 42,524 shares during the last quarter. Barclays PLC increased its holdings in Baozun by 2,153.5% in the third quarter. Barclays PLC now owns 160,000 shares of the technology company's stock valued at $573,000 after purchasing an additional 152,900 shares during the last quarter. Walleye Capital LLC increased its holdings in shares of Baozun by 203.4% in the third quarter. Walleye Capital LLC now owns 150,441 shares of the technology company's stock worth $539,000 after acquiring an additional 100,852 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Baozun in the third quarter worth about $353,000. 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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