Baozun Inc (BZUN) Trading Down 2.2%
Baozun Inc (NASDAQ:BZUN) shares fell 2.2% during trading on Wednesday . The stock traded as low as $9.83 and last traded at $10.25, with a volume of 371,984 shares. The stock had previously closed at $10.48.
Separately, Zacks Investment Research raised Baozun from a “hold” rating to a “buy” rating and set a $6.25 target price for the company in a research report on Tuesday, May 3rd.
The company has a 50-day moving average of $8.18 and a 200 day moving average of $6.58. The stock has a market capitalization of $575.34 million and a PE ratio of 146.58.
Baozun (NASDAQ:BZUN) last released its earnings results on Thursday, August 4th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.13. The firm earned $700.30 million during the quarter, compared to the consensus estimate of $101.81 million. The company’s revenue was up 35.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.24 EPS. Equities analysts predict that Baozun Inc will post $0.27 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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