Baozun (NASDAQ:BZUN) Posts Earnings Results

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

Baozun Price Performance

Shares of Baozun stock opened at $2.92 on Tuesday. The company’s fifty day simple moving average is $3.56 and its 200-day simple moving average is $3.20. The stock has a market capitalization of $168.72 million, a PE ratio of -6.64 and a beta of 0.31. Baozun has a 1-year low of $2.12 and a 1-year high of $4.88.

Hedge Funds Weigh In On Baozun

A number of institutional investors have recently bought and sold shares of BZUN. Qube Research & Technologies Ltd boosted its position in shares of Baozun by 4.9% in the third quarter. Qube Research & Technologies Ltd now owns 156,254 shares of the technology company’s stock worth $633,000 after purchasing an additional 7,304 shares during the period. JPMorgan Chase & Co. increased its stake in Baozun by 6.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 171,051 shares of the technology company’s stock worth $428,000 after buying an additional 9,627 shares in the last quarter. BNP Paribas Financial Markets raised 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 valued at $78,000 after acquiring an additional 10,594 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Baozun by 2.0% in the third quarter. Dimensional Fund Advisors LP now owns 603,016 shares of the technology company’s stock valued at $2,442,000 after acquiring an additional 11,593 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Baozun by 3.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 388,479 shares of the technology company’s stock worth $971,000 after acquiring an additional 14,622 shares during the period. 47.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Baozun has a consensus rating of “Hold” and a consensus price target 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.