Baozun Inc (NASDAQ:BZUN) dropped 1.2% on Wednesday . The stock traded as low as $7.39 and last traded at $7.40, with a volume of 130,693 shares. The stock had previously closed at $7.49.

Separately, Zacks Investment Research downgraded Baozun from a “buy” rating to a “hold” rating in a report on Tuesday, May 10th.

The firm has a market cap of $355.97 million and a PE ratio of 86.63. The firm has a 50 day moving average of $6.80 and a 200 day moving average of $6.21.

Baozun (NASDAQ:BZUN) last posted its quarterly earnings data on Monday, May 23rd. The company reported $0.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.01. The firm earned $103.60 million during the quarter, compared to analyst estimates of $93.30 million. 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.