Baozun Inc (BZUN) Sees Unusually-High Trading Volume
Baozun Inc (NASDAQ:BZUN) saw unusually-high trading volume on Monday . Approximately 212,111 shares changed hands during trading, an increase of 3% from the previous session’s volume of 205,334 shares.The stock last traded at $7.02 and had previously closed at $6.77.
Separately, Zacks Investment Research lowered Baozun from a “buy” rating to a “hold” rating in a research report on Tuesday, May 10th.
The stock’s 50 day moving average is $6.56 and its 200 day moving average is $6.21. The company has a market cap of $346.56 million and a price-to-earnings ratio of 84.34.
Baozun (NASDAQ:BZUN) last issued its earnings results on Monday, May 23rd. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The company earned $103.60 million during the quarter, compared to analyst estimates of $93.30 million. On average, equities analysts anticipate 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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