StockNews.com Upgrades Baozun (NASDAQ:BZUN) to Buy

Baozun (NASDAQ:BZUN) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Sunday.

Separately, Citigroup boosted their price objective on Baozun from $3.90 to $4.20 and gave the company a “buy” rating in a report on Tuesday, November 26th.

Baozun Stock Down 1.6 %

Shares of Baozun stock opened at $3.75 on Friday. The firm has a market cap of $230.85 million, a P/E ratio of -6.94 and a beta of 0.32. Baozun has a fifty-two week low of $2.11 and a fifty-two week high of $4.38. The business has a 50-day moving average price of $3.05 and a 200 day moving average price of $2.85.

Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Thursday, November 21st. The technology company reported ($0.21) earnings per share for the quarter. Baozun had a negative net margin of 2.55% and a negative return on equity of 5.58%.

Hedge Funds Weigh In On Baozun

Several institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in shares of Baozun during the fourth quarter valued at approximately $42,000. Tower Research Capital LLC TRC boosted its position in shares of Baozun by 138.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 11,651 shares of the technology company’s stock worth $32,000 after buying an additional 6,772 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Baozun by 1.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 598,184 shares of the technology company’s stock worth $1,628,000 after buying an additional 5,915 shares during the period. Marshall Wace LLP acquired a new position in shares of Baozun during the fourth quarter worth approximately $213,000. Finally, Jump Financial LLC acquired a new position in shares of Baozun during the fourth quarter worth approximately $212,000. 47.29% of the stock is owned by institutional investors.

About Baozun

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.