Baozun Inc (NASDAQ:BZUN)’s share price shot up 6.9% during trading on Monday . The stock traded as high as $7.74 and last traded at $7.56, with a volume of 524,062 shares trading hands. The stock had previously closed at $7.07.

Separately, Zacks Investment Research upgraded shares of Baozun from a “sell” rating to a “buy” rating and set a $8.25 price target on the stock in a research note on Tuesday, July 26th.

The company has a market cap of $367.36 million and a P/E ratio of 89.40. The company’s 50-day moving average is $6.89 and its 200 day moving average is $6.21.

Baozun (NASDAQ:BZUN) last issued its earnings results on Monday, May 23rd. The company reported $0.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.01. The firm had revenue of $103.60 million for the quarter, compared to analysts’ expectations of $93.30 million. Equities research analysts anticipate that Baozun Inc will post $0.26 EPS for the current fiscal 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.