StockNews.com upgraded shares of Baozun (NASDAQ:BZUN - Free Report) from a hold rating to a buy rating in a research report released on Sunday.
Separately, Citigroup increased their price objective 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.
View Our Latest Report on BZUN
Baozun Trading Down 3.0 %
NASDAQ:BZUN traded down $0.11 during trading hours on Friday, hitting $3.53. 361,159 shares of the company were exchanged, compared to its average volume of 453,090. The stock has a market capitalization of $217.31 million, a price-to-earnings ratio of -6.54 and a beta of 0.32. Baozun has a one year low of $2.11 and a one year high of $4.38. The company has a fifty day simple moving average of $3.09 and a 200 day simple moving average of $2.88.
Baozun (NASDAQ:BZUN - Get Free Report) last posted its quarterly earnings data on Thursday, November 21st. The technology company reported ($0.21) EPS 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 hedge funds have recently added to or reduced their stakes in the business. Schroder Investment Management Group boosted its holdings in shares of Baozun by 16.5% during the 4th quarter. Schroder Investment Management Group now owns 2,301,500 shares of the technology company's stock worth $6,352,000 after buying an additional 326,388 shares in the last quarter. Two Sigma Investments LP grew its holdings in Baozun by 2.7% in the fourth quarter. Two Sigma Investments LP now owns 729,799 shares of the technology company's stock worth $1,985,000 after purchasing an additional 18,913 shares during the period. Dimensional Fund Advisors LP increased its stake in Baozun by 1.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 598,184 shares of the technology company's stock valued at $1,628,000 after purchasing an additional 5,915 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Baozun by 9.5% during 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 period. Finally, Walleye Capital LLC boosted its position in shares of Baozun by 103.5% during the 4th quarter. Walleye Capital LLC now owns 306,091 shares of the technology company's stock worth $833,000 after purchasing an additional 155,650 shares in the last quarter. 47.29% of the stock is currently owned by institutional investors.
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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