Baozun Inc (BZUN) Stock Price Down 1.2%
Baozun Inc (NASDAQ:BZUN) dropped 1.2% on Wednesday . The stock traded as low as $7.39 and last traded at $7.40, with a volume of 130,693 shares. The stock had previously closed at $7.49.
Separately, Zacks Investment Research downgraded Baozun from a “buy” rating to a “hold” rating in a report on Tuesday, May 10th.
The firm has a market cap of $355.97 million and a PE ratio of 86.63. The firm has a 50 day moving average of $6.80 and a 200 day moving average of $6.21.
Baozun (NASDAQ:BZUN) last posted its quarterly earnings data on Monday, May 23rd. The company reported $0.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.01. The firm earned $103.60 million during the quarter, compared to analyst estimates of $93.30 million. Analysts anticipate 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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