Baozun Inc (BZUN) Trading Up 2.4%
Shares of Baozun Inc (NASDAQ:BZUN) were up 2.4% on Friday . The company traded as high as $9.67 and last traded at $9.56, with a volume of 135,049 shares traded. The stock had previously closed at $9.34.
Separately, Zacks Investment Research lowered shares of Baozun from a “buy” rating to a “hold” rating in a research note on Monday, August 8th.
The firm has a 50 day moving average price of $7.69 and a 200-day moving average price of $6.44. The stock has a market cap of $472.99 million and a PE ratio of 120.51.
Baozun (NASDAQ:BZUN) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.13. During the same period in the previous year, the business posted $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% on a year-over-year basis. Equities research analysts predict 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.
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