Baozun Inc (NASDAQ:BZUN)’s share price was up 4.5% on Tuesday . The company traded as high as $8.21 and last traded at $8.17, with a volume of 220,667 shares. The stock had previously closed at $7.82.

Separately, Zacks Investment Research upgraded Baozun from a “sell” rating to a “buy” rating and set a $8.25 price target for the company in a report on Tuesday, July 26th.

The firm has a market capitalization of $427.78 million and a price-to-earnings ratio of 108.99. The firm has a 50-day moving average price of $7.17 and a 200-day moving average price of $6.30.

Baozun (NASDAQ:BZUN) last posted its quarterly earnings results on Thursday, August 4th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.02 by $0.13. During the same period in the prior year, the business earned $0.24 earnings per share. The business earned $700.30 million during the quarter, compared to analyst estimates of $101.81 million. The firm’s quarterly revenue was up 35.3% compared to the same quarter last year. On average, equities analysts predict that Baozun Inc will post $0.26 earnings per share 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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