Baozun Inc (BZUN) Reaches New 1-Year High at $12.77
Baozun Inc (NASDAQ:BZUN) shares reached a new 52-week high during trading on Monday . The stock traded as high as $12.77 and last traded at $12.65, with a volume of 1,150,678 shares. The stock had previously closed at $11.22.
Separately, Zacks Investment Research lowered Baozun from a “buy” rating to a “hold” rating in a report on Tuesday, May 10th.
The company has a market cap of $667.26 million and a price-to-earnings ratio of 170.00. The company has a 50-day moving average of $8.65 and a 200-day moving average of $6.76.
Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.13. The business had revenue of $700.30 million for the quarter, compared to analyst estimates of $101.81 million. The company’s revenue was up 35.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.24 EPS. Equities research analysts expect that Baozun Inc will post $0.26 earnings per share 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 MarketBeat.com's FREE daily email newsletter.