Baozun (NASDAQ:BZUN) Upgraded at Zacks Research

Zacks Research upgraded shares of Baozun (NASDAQ:BZUN) to a hold rating in a report published on Wednesday morning,Zacks.com reports.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a research report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Baozun Price Performance

Shares of BZUN opened at $2.76 on Wednesday. The firm has a market capitalization of $159.68 million, a P/E ratio of -5.63 and a beta of 0.37. Baozun has a one year low of $2.12 and a one year high of $4.88. The business has a fifty day moving average of $2.75 and a 200 day moving average of $3.15.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Jane Street Group LLC bought a new stake in shares of Baozun during the second quarter valued at approximately $40,000. Quadrature Capital Ltd purchased a new position in shares of Baozun during the fourth quarter valued at approximately $51,000. Russell Investments Group Ltd. purchased a new stake in Baozun in the third quarter worth $64,000. BNP Paribas Financial Markets grew its stake in Baozun by 51.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock worth $78,000 after acquiring an additional 10,594 shares in the last quarter. Finally, Mackenzie Financial Corp bought a new stake in Baozun during the 3rd quarter valued at $102,000. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Baozun Company Profile

Baozun Inc is a leading pure-play e-commerce solutions provider based in Shanghai, China. The company specializes in helping global and domestic brands establish and manage their online stores across major Chinese platforms, including Tmall, JD.com, and WeChat. By offering a one-stop service model, Baozun enables brand owners to outsource the complexities of digital retail operations and focus on product development and customer engagement.

The company’s suite of services encompasses store design and setup, digital marketing and promotion, technology integration, order fulfillment, warehousing and logistics, customer care, and data analytics.