Baozun (NASDAQ:BZUN) Stock Price Up 5.5%

Baozun Inc (NASDAQ:BZUN) rose 5.5% on Monday . The company traded as high as $50.15 and last traded at $49.40, approximately 2,011,074 shares traded hands during trading. An increase of 14% from the average daily volume of 1,765,577 shares. The stock had previously closed at $46.83.

BZUN has been the topic of a number of recent research reports. ValuEngine downgraded Baozun from a “buy” rating to a “hold” rating in a report on Tuesday. Macquarie initiated coverage on Baozun in a report on Friday, July 5th. They set a “buy” rating and a $60.00 price objective on the stock. CLSA set a $64.00 price objective on Baozun and gave the company a “buy” rating in a report on Friday, July 12th. Jefferies Financial Group initiated coverage on Baozun in a report on Monday, August 5th. They set a “buy” rating and a $59.20 price objective on the stock. Finally, BidaskClub downgraded Baozun from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $55.55.

The company has a quick ratio of 1.50, a current ratio of 1.84 and a debt-to-equity ratio of 0.15. The business has a fifty day simple moving average of $49.25 and a two-hundred day simple moving average of $42.79. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 66.32 and a beta of 3.22.

Baozun (NASDAQ:BZUN) last released its quarterly earnings data on Wednesday, May 29th. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.28 billion. Baozun had a net margin of 4.99% and a return on equity of 13.77%. The firm’s revenue for the quarter was up 39.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.54 earnings per share. As a group, equities analysts predict that Baozun Inc will post 1.19 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Federated Investors Inc. PA boosted its holdings in shares of Baozun by 9.0% in the 1st quarter. Federated Investors Inc. PA now owns 3,653,920 shares of the technology company’s stock worth $151,784,000 after acquiring an additional 301,992 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Baozun by 1,808.7% in the 2nd quarter. Invesco Ltd. now owns 3,431,600 shares of the technology company’s stock worth $171,099,000 after acquiring an additional 3,251,811 shares in the last quarter. RWC Asset Advisors US LLC boosted its holdings in shares of Baozun by 102.1% in the 2nd quarter. RWC Asset Advisors US LLC now owns 2,151,660 shares of the technology company’s stock worth $107,282,000 after acquiring an additional 1,086,802 shares in the last quarter. Green Court Capital Management Ltd acquired a new position in shares of Baozun in the 2nd quarter worth approximately $93,711,000. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Baozun by 0.8% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 1,462,704 shares of the technology company’s stock worth $72,930,000 after acquiring an additional 12,100 shares in the last quarter. 61.97% of the stock is currently owned by institutional investors.

About Baozun (NASDAQ:BZUN)

Baozun Inc provides brand e-commerce service to brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, sale 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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