Baozun (NASDAQ:BZUN) Releases Earnings Results

Baozun (NASDAQ:BZUN) announced its quarterly earnings data on Tuesday. The technology company reported ($0.11) earnings per share for the quarter, Zacks reports. Baozun had a negative return on equity of 3.59% and a negative net margin of 2.10%.The business had revenue of $302.89 million for the quarter.

Baozun Stock Performance

Shares of BZUN stock opened at $2.77 on Thursday. The stock has a fifty day moving average price of $3.49 and a 200 day moving average price of $3.19. The stock has a market cap of $160.06 million, a PE ratio of -5.65 and a beta of 0.31. Baozun has a 1 year low of $2.12 and a 1 year high of $4.88.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BZUN. Jane Street Group LLC acquired a new position in shares of Baozun during the 2nd quarter worth $40,000. Russell Investments Group Ltd. acquired a new position in Baozun during the third quarter worth about $64,000. BNP Paribas Financial Markets lifted its holdings in shares of Baozun by 51.8% in the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after purchasing an additional 10,594 shares in the last quarter. Mackenzie Financial Corp acquired a new stake in shares of Baozun in the third quarter valued at approximately $102,000. Finally, Centiva Capital LP acquired a new stake in shares of Baozun in the third quarter valued at approximately $160,000. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Baozun currently has a consensus rating of “Sell”.

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.