Baozun Inc (BZUN) Sees Unusually-High Trading Volume
Baozun Inc (NASDAQ:BZUN) saw unusually-strong trading volume on Tuesday . Approximately 152,378 shares changed hands during trading, a decline of 5% from the previous session’s volume of 160,381 shares.The stock last traded at $7.48 and had previously closed at $7.26.
Separately, Zacks Investment Research lowered shares of Baozun from a “buy” rating to a “hold” rating in a research report on Tuesday, May 10th.
The stock has a 50-day moving average price of $6.72 and a 200 day moving average price of $6.18. The firm has a market cap of $370.82 million and a price-to-earnings ratio of 90.24.
Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Monday, May 23rd. The company reported $0.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.01. The business earned $103.60 million during the quarter, compared to analysts’ expectations of $93.30 million. Equities research analysts predict that Baozun Inc will post $1.71 EPS for the current year.
Baozun Inc, formerly Baozun Cayman Inc, is a holding company. The Company through its wholly owned subsidiary, Shanghai Baozun E-Commerce Limited, provides e-commerce solutions in China. The Company is a digital and e-commerce service partner in China. The Company is engaged in providing e-commerce solutions, including the sales of apparel, home and electronic products, online store design and setup, visual merchandising and marketing, online store operations, customer services, warehousing and order fulfillment.
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