Baozun Inc. (NASDAQ:BZUN – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.65 and traded as low as $2.32. Baozun shares last traded at $2.34, with a volume of 233,114 shares.
Wall Street Analysts Forecast Growth
Separately, China Renaissance lowered shares of Baozun from a “buy” rating to a “hold” rating in a research note on Tuesday, March 26th.
Check Out Our Latest Analysis on Baozun
Baozun Price Performance
Baozun (NASDAQ:BZUN – Get Free Report) last announced its earnings results on Tuesday, May 28th. The technology company reported ($0.15) EPS for the quarter. The firm had revenue of $274.20 million during the quarter. Baozun had a negative return on equity of 6.14% and a negative net margin of 2.92%.
Hedge Funds Weigh In On Baozun
A number of large investors have recently added to or reduced their stakes in the company. Cetera Advisors LLC bought a new position in Baozun in the first quarter worth about $35,000. Virtu Financial LLC acquired a new position in shares of Baozun during the first quarter valued at about $48,000. Finally, Aigen Investment Management LP acquired a new position in shares of Baozun during the fourth quarter valued at about $30,000. 47.29% of the stock is currently owned by institutional investors.
About Baozun
Baozun Inc, through its subsidiaries, provides end-to-end e-commerce solutions to brand partners in the People's Republic of China. The company operates through two segments, E-Commerce and Brand Management (BBM). The E-Commerce segment offers brands' store operations, customer services and value-added services in logistics and supply chain management, IT, and digital marketing.
Featured Articles
- Five stocks we like better than Baozun
- 3 Stocks to Consider Buying in October
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- How to Invest in the FAANG Stocks
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- How to Use the MarketBeat Dividend Calculator
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Baozun Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baozun and related companies with MarketBeat.com's FREE daily email newsletter.