Baozun (NASDAQ:BZUN) Releases Quarterly Earnings Results

Baozun (NASDAQ:BZUN) released its quarterly earnings data on Tuesday. The technology company reported ($0.11) EPS for the quarter, Zacks reports. Baozun had a negative net margin of 1.93% and a negative return on equity of 4.60%.

Baozun Stock Up 2.8%

Shares of NASDAQ:BZUN opened at $2.92 on Tuesday. The business’s 50 day moving average is $3.56 and its 200 day moving average is $3.20. Baozun has a 12-month low of $2.12 and a 12-month high of $4.88. The stock has a market cap of $168.72 million, a price-to-earnings ratio of -6.64 and a beta of 0.31.

Hedge Funds Weigh In On Baozun

Several large investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new stake in shares of Baozun in the 2nd quarter worth $40,000. Russell Investments Group Ltd. bought a new position in shares of Baozun during the third quarter valued at about $64,000. BNP Paribas Financial Markets boosted its holdings in Baozun by 51.8% during the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock worth $78,000 after purchasing an additional 10,594 shares during the last quarter. Mackenzie Financial Corp purchased a new position in Baozun during the third quarter worth about $102,000. Finally, Centiva Capital LP bought a new stake in Baozun in the 3rd quarter worth about $160,000. 47.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $4.20.

Baozun Company Profile

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.