The stock of Baozun Inc (ADR) (NASDAQ:BZUN) reached all time high today, Oct, 3 and still has $19.56 target or 22.00% above today’s $16.03 share price. This indicates more upside for the $788.08M company. This technical setup was reported by Barchart.com. If the $19.56 PT is reached, the company will be worth $173.38M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 1.07M shares traded hands or 41.28% up from the average. Baozun Inc (ADR) (NASDAQ:BZUN) has risen 155.76% since February 29, 2016 and is uptrending. It has outperformed by 143.55% the S&P500.
Analysts await Baozun Inc (ADR) (NASDAQ:BZUN) to report earnings on November, 28.
According to Zacks Investment Research, “Baozun Inc. offers digital and e-commerce service primarily in China. The Company’s services include website design, development and hosting, information technology infrastructure, customer service, warehousing and logistics services as well as digital marketing. Baozun Inc. is based in SHANGHAI, China.”
More important recent Baozun Inc (ADR) (NASDAQ:BZUN) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on May 21, 2015, also Quotes.Wsj.com published article titled: “DOW JONES, A NEWS CORP COMPANY”, Businessfinancenews.com published: “Alibaba Group Holding Backed Baozun Inc (ADR) (BZUN) Stock Up Despite Earnings …” on August 19, 2015. More interesting news about Baozun Inc (ADR) (NASDAQ:BZUN) was released by: Bidnessetc.com and their article: “Baozun Inc-ADR (BZUN): Alibaba Group Holding Ltd Backed E-Commerce Firm Faces …” with publication date: May 21, 2015.
BZUN Company Profile
Baozun Inc. is a brand e-commerce solutions company. The Firm is engaged in providing end-to-end e-commerce solutions, including the sales of apparel, home and electronic products, online store design and setup, visual merchandising and marketing, online store operations, customer services, warehousing and order fulfillment. The Company’s divisions include the brand e-commerce segment, which provides brand-e-commerce solutions to its brand partners, including IT services, store operations, digital marketing, customer services, warehousing and fulfillment, and the Maikefeng segment that operates its retail online platform, Maikefeng, which operates as a mobile application and offers branded products at discounted prices. The Company’s e-commerce capabilities encompass the e-commerce value chain, including information technology (IT) solutions, online store operation, digital marketing and customer service. The Company’s subsidiaries include Baozun Hong Kong Holding Limited, Shanghai Baozun E-Commerce Limited, Shanghai Bodao E-Commerce Limited, Shanghai Yingsai Advertisement Limited, Baozun Hongkong Limited, Shanghai Fengbo E-Commerce Limited and Baozun Hongkong Investment Limited.
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