Baozun Inc (BZUN) Trading 6.1% Higher
Shares of Baozun Inc (NASDAQ:BZUN) traded up 6.1% during trading on Thursday . The company traded as high as $6.88 and last traded at $6.79, with a volume of 91,068 shares traded. The stock had previously closed at $6.40.
Separately, Zacks Investment Research lowered Baozun from a “hold” rating to a “sell” rating in a report on Wednesday, May 25th.
The stock has a market cap of $338.15 million and a PE ratio of 82.29. The stock’s 50 day moving average is $6.45 and its 200 day moving average is $6.27.
Baozun (NASDAQ:BZUN) last issued its earnings results on Monday, May 23rd. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. The business had revenue of $103.60 million for the quarter, compared to analysts’ expectations of $93.30 million. Equities research analysts predict 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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